Afghani & gold down; food prices up

KABUL): The gold price declined, other daily-use commodity rates increased and the value of the local currency slipped against the dollar during the outgoing week in Kabul, market sources said on Thursday.

Abdul Basir, a jeweller in the Lycee-i-Maryam neighborhood, told Pajhwok Afghan News the price of one gram of Arabian gold came down from 2,150afs to 2,100afs and the Iranian variety from 1,750afs to 1,700 afs.

The price of a 49-kg sack of Pakistani flour jumped from 1,250afs to 1,300afs, a 50-kg bag of sugar from 1,700 afs to 1,750 afs and a 24-kg sack of rice to 1,850afs from last week’s rate of 1800afs, said the Food Traders’ Union head, Fazal Rahman.

The rate of a five-kg tin of Momin ghee increased by 20 afs, selling for 400afs, a kilogram of African black tea from 210afs to 115afs and the same quantity of Indonesian green tea to 180afs from 175afs, he added.

But wholesale prices varied from retail rates in some parts of the city. Khan Ali, a shopkeeper in the Karta-i-Seh locality, sold a 50-kg sack of Pakistani sugar for 1,960 afs, 24-kg bag of  rice for 2,200afs, a 49-kg sack of flour for 1,350 afs and a five-kg tin of ghee for 460 afs.

Moneychanger Ahmad Shah said the buying rate of a US dollar was 58afs, while 1,000 Pakistani rupees accounted for 531afs. Last week’s exchange value of the dollar stood at 56.75afs and 1,000 Pakistani rupees at 544afs.

Fuel prices remained unchanged, with a litre of petrol costing 63afs and diesel 64afs, said Abdullah Hadi, the manager of a filling station in the Wazirabad area.

A gas dealer in the Kolola Pushta locality, Mohammad Sharif, said one kilogram of liquefied gas was priced at for 47afs, the same price as last week.

myn/mud

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