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Prices of food, fuel, gas soar in Kabul

Prices of food, fuel, gas soar in Kabul

Aug 13, 2015 - 19:15

KABUL (Pajhwok): The prices of food items, diesel, liquefied gas and gold soared as a result of unprecedented decrease in value of Afghani currency while the price of petrol dipped down during the outgoing week in Kabul, market sources said on Thursday.

Moneychanger Ahmad Shah said the buying rate of one US dollar was 63.50afs, while 1,000 Pakistani rupees accounted for 607afs. Last week's exchange value of the dollar stood at 62.59afs and 1,000 Pakistani rupees at 594afs.

He linked the deduction in Afghani currency value to the increased insecurity in the country and the increased Afghani currency in the market.

The Afghanistan Central Bank has offered $70 million to the market during the ongoing week that prevented losing the Afghani currency value to some extent, he said.

Pajhwok Afghan News tried to contact the Afghanistan Central Bank about the decline in Afghani currency, but failed.

The decrease in the Afghani currency has caused the prices of food and other essential items to jump.

Fazal Rahman, the Food Traders' Union head, said that the price of 49-kg of Pakistani sugar has jumped up from 1,620afs to 1,670afs, 24-kg of Pakistani rice from 1,550afs to 1,640afs, 49-kg of Pakistani flour from 1,250afs to 1,320afs, and 16 liters of Momin ghee from 970afs to 1,020afs.

He added that the price of a kg of Indonesian green tea was soared from 180afs to 190afs and same quantity of African black tea from 210afs to 220afs.

He said that the prices of goods were increased as Afghani currency value has dipped.

But a retailer at Dahan-i-Bagh area of Kabul, Ahmad Farhad, sold a 49-kg bag of flour for 1,370afs, a 50-kg sack of sugar for 1,900afs and a 24-kg bag of rice for 1,850afs.

He sold a 16-kg tin of Momin ghee for 1100afs, a kilo of African black tea for 270afs and the same quantity of Indonesian green tea for 270afs -- higher than wholesale prices.

The prices of liquefied gas and diesel also edged up.

A filling station official in the Wazirabad locality, Abdul Hadi, sold a liter of diesel for 43afs, compare to its price of 42afs last week. But the price of a liter of petrol was dipped down from 46afs to 44afs.

Mohammad Sharif, a liquefied gas seller in Kolola Pushta neighborhood, sold a kilogram of gas for 50afs, compared to the price of 45afs of last week.

Mohammad Fawad, a jeweler in Timor Shahee area, said the rate of one gram of Arabian gold was edged up from 1,950afs to 2,000afs and the same quantity of the Russian variety from 1,600afs to1,650afs.



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