Business
Afghani weakens by 7% against US dollar in one week

Afghanistan’s currency has weakened by seven percent against the US dollar over the past week, according to daily exchange rates released by Da Afghanistan Bank (DAB).
Last Sunday, one dollar was trading at 73.70 afghanis (AFN), but is now at 78.90 AFN.
Acting Governor of Da Afghanistan Bank Noor Ahmad Agha said on Sunday that the weaker afghani is not due to economic reasons and that there is no cause for concern.
In a meeting with the Money Changers Union, Agha said that the supply of currencies through the auction process in the capital and provinces, the establishment of a special market for transparency and better regulation of currency exchange are among the important measures that the bank is undertaking.
He urged money changers to cooperate in preventing hoarding and smuggling of currencies, keeping national interests in mind.
Agha warned that legal action would be taken against violators.
Dollar auction
DAB, the central bank, will meanwhile said it will auction $25 million on Monday in order to stabilize the currency.
In a statement issued by DAB, the bank urged all money changers and money service centers to participate in the auction and to clear their accounts by the end of the day.
Members of the public have however raised concerns about prices of goods on the market increasing as a result of the weaker afghani.
Business
Afghanistan ships first consignment to Europe via Khaf-Herat railway

The press office of the Herat governor has announced the export of Afghanistan’s first shipment via the Khaf-Herat railway to Europe.
According to a statement from the office, the shipment includes 200 tons of dried fruits worth $1.2 million, which were exported to Turkey and Europe through the Khaf-Herat railway in the presence of Islam Jar, the governor of this province, and the Iranian Consul General.
The exported dried fruits in this shipment include pistachios, raisins, almonds, and pine nuts.
The statement added that over the past three months, more than 35,000 tons of goods have been transferred via the Khaf-Herat railway.
Business
Russia’s LPG exports to Afghanistan boom as Europe shuns it
The exports to Afghanistan, the main consumer of Russia’s LPG in the region, rose by 52% for the period to 71,000 tons.

Russia’s exports of liquefied petroleum gas (LPG) to Afghanistan and ex-Soviet states in Central Asia have jumped following introduction of European Union sanctions against Moscow at the end of 2024, industry sources said on Wednesday, Reuters reported.
The European Union’s sanctions against Russia’s LPG over the war in Ukraine took effect on December 20. The restrictions were proposed last year by Poland, one of Russia’s largest LPG importers.
LPG, or propane and butane, is mainly used as fuel for cars, heating and to produce other petrochemicals.
According to the industry sources, railway supplies of LPG from Russia’s plants, including the Kazrosgas joint venture with Kazakhstan, jumped to the region by 80% year on year in January – February to 140,000 metric tons, read the report.
The exports to Afghanistan, the main consumer of Russia’s LPG in the region, rose by 52% for the period to 71,000 tons.
Traders expect great scope for more supplies to Afghanistan, where annual demand for LPG is seen at around 700,000 tons per year.
Business
Azizi and Zhao Xing discuss increasing Afghanistan’s exports to China

Acting Minister of Industry and Commerce Nooruddin Azizi and Zhao Xing, the Chinese Ambassador to Kabul, met on Tuesday and discussed increasing Afghanistan’s exports to China, particularly pine nuts, pomegranates, and precious and semi-precious stones such as nephrite, onyx, lapis lazuli, and talc, the ministry said in a statement.
According to the statement the goal of the meeting was to facilitate direct exports to China in order to reduce transit costs and transportation of Afghan goods, as well as to address the importation of machinery needed for the country.
Azizi and Zhao have agreed to establish a joint working group for further coordination, expanding trade relations, and creating facilities for trade, with the aim of holding regular meetings, the statement read.
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