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Afghanistan’s central bank chief upbeat over stable AFN

The monthly average exchange rate between AFN and US dollar was recorded at AFN 72.0 per 1 USD.

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The acting head of Da Afghanistan Bank (DAB) says that the value of the afghani (AFN) against the US dollar has remained stable compared to that of other currencies in the region.

Hadayatullah Badri said in a Supreme Council of Da Afghanistan Bank meeting this week that the liquidity situation in banks has improved because “people’s deposits in the Islamic banking sector have increased by 4 percent compared to the previous quarter.”

Issues that were also discussed at the meeting included the effective implementation of monetary policies, the state of the banking sector, efforts to develop Islamic banking, the mechanization of exchange activities and people’s access to financial services.

Last month, the UN’s World Food Program (WFP) reported that following political changes in August 2021, inflation surged in Afghanistan, peaking at 18.3 percent in July 2022.

However, it subsequently plummeted into deflation, reaching -9.0 percent in March 2024.

Similarly, food inflation decreased from +26 percent in June 2022 to -13.8 percent in March 2024.

The persistent deflation is reflecting a fall in food prices and weak consumer demand.

However, WFP stated: “While deflation supports low food prices, limited number of job opportunities and low wages will continue to weaken household purchasing power.”

Exchange Rate:

The monthly average exchange rate between AFN and US dollar was recorded at AFN 72.0 per 1 USD.

After its surge in January 2022, the value of AFN started to consistently appreciate against the US dollar during the year 2023 and remains relatively stable, hovering around AFN 70-74 per USD since November 2023.

Factors such as US dollar auctions by the Da Afghanistan Bank, ban on foreign currencies for domestic transactions, increased remittances, and UN dollar shipments significantly contribute to the stability of AFN, WFP reported.

 

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Karzai calls for reopening schools and universities to Afghan girls on International Day of the Girl

Karzai said the day reminds the international community of its significant responsibility towards girls and urged everyone not to neglect their empowerment.

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Former Afghan President Hamid Karzai has called for the empowerment of girls alongside boys, stressing the importance of providing them with full educational opportunities on the occasion of the International Day of the Girl.

Karzai said the day reminds the international community of its significant responsibility towards girls and urged everyone not to neglect their empowerment.

He emphasized that Afghanistan must focus more than ever on empowering girls to achieve growth and development. According to Karzai, this can only be achieved by ensuring that girls have access to all educational opportunities and can pursue higher education to serve their people and country.

Marking the occasion, the former president expressed hope that schools and universities would reopen to girls as soon as possible, allowing them to contribute to Afghanistan’s progress through their knowledge, expertise and skills, and become a source of pride for the country internationally.

Karzai also said the Afghan people, with their ancient cultural heritage and deep respect for women and girls, take pride in recognizing their position, achievements and courage at national and international forums.

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Muttaqi meets OIC deputy secretary-general to discuss expanding cooperation with Afghanistan

The ministry said the emergence of new opportunities across various sectors was also highlighted during the meeting.

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Afghanistan’s Ministry of Foreign Affairs says Foreign Minister Amir Khan Muttaqi has met with Ambassador Tariq Ali Bakheet, Deputy Secretary-General of the Organisation of Islamic Cooperation (OIC), to discuss bilateral relations and opportunities for expanded cooperation.

According to a statement issued by the ministry, the meeting began with congratulations on the appointment of the organisation’s new secretary-general. The two sides also discussed Afghanistan’s important place in the OIC’s vision and the need for constructive engagement with the country.

The discussions covered the situation in Afghanistan and the wider region, as well as political and economic developments in regional and international countries.

The ministry said the emergence of new opportunities across various sectors was also highlighted during the meeting.

At the conclusion of the talks, both sides stressed the importance of further strengthening relations between Afghanistan and the OIC and opening new avenues for cooperation.

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Afghanistan ranks third globally in deaths from unexploded ordnance, UNAMA warns

UNAMA urged people not to touch unfamiliar or suspicious objects and to report them immediately to the relevant authorities.

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Afghanistan ranks third worldwide in fatalities caused by unexploded ordnance, with large areas of the country still contaminated by landmines and explosive remnants of war, the United Nations Assistance Mission in Afghanistan (UNAMA) has warned.

In a public message, UNAMA said the United Nations continues to seek funding for mine-clearance organizations working to remove landmines and other explosive remnants of conflict. These organizations also conduct awareness campaigns to educate communities about the dangers posed by unexploded devices.

Children are particularly vulnerable, accounting for 80 percent of all casualties caused by these explosive hazards, according to UNAMA. Many are injured or killed after encountering unexploded ordnance while playing.

The UN mission stressed that public awareness and collective action are essential to preventing further casualties and saving lives.

UNAMA urged people not to touch unfamiliar or suspicious objects and to report them immediately to the relevant authorities.

The warning highlights the continuing humanitarian consequences of decades of conflict in Afghanistan, where landmines and unexploded ammunition remain a serious threat to civilians, particularly children.

UNAMA called for sustained support for mine-clearance operations and stronger community awareness initiatives to reduce casualties and make contaminated areas safer.

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