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Afghan currency, gold prices dip in Kabul

Afghan currency, gold prices dip in Kabul

Sep 15, 2011 - 17:48

KABULinfo-icon (PAN): The Afghan currency dipped against the US dollar and gold prices declined, while food and other daily-use commodities' prices remained unchanged during the outgoing week in Kabul, retailers said on Thursday.

The rate of one gram of Arabian gold fell from 2,400 afghanis ($50.11) to 2,300afs and the same amount of the Iranian variety saw a decrease of 50afs, jeweller Abdul Malik told Pajhwok Afghan News. He linked the cut to global market trends.

The afghani depreciated against the dollars, moneychanger Ahmad Shah said, adding the buying rate of one US dollar was 48.6afs and 1,000 Pakistani rupees 545afs.

Last week's exchange value of a greenback stood at 47.35afs and 1,000 Pakistani rupees at 545afs, he recalled.

The flour price slightly increased, with a 50-kilogram sack selling for 980afs against last week's rate of 955afs. Food Traders' Union head, Fazlul Rahman, said a 50-kg bag of Brazilian sugar accounted for 2,420afs and the same amount of Pakistani rice for 2,500afs.

A five-kg cane of Koh-i-Noor ghee cost 430afs, a kilo of black tea 190afs and the same amount of green tea 160afs.

A fuel station worker in the Taimani Square, Siddiqullah, said one litre of diesel and petrol each accounted for 58afs, the same as last week.

The price of liquefied gas was different in different parts of the city. Naqibullah sold one kg of gas for 50afs in Karta-i-Parwan, while Ahmad Javed charged 55afs in Macro Ryan and Faridoon 60afs in the Qala-i-Zaman Khan neighbourhood.




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