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Central Bank discusses monetary policies with university lecturers
Officials at the country’s central bank – Da Afghanistan Bank – said Wednesday they have embarked on a series of discussions with professors and lecturers from financial faculties of universities to find solutions to increase the value of the Afghan currency.
The Monetary Policy discussions are being held between central bank officials and university staff across the country in a bid to find ways to preserve and strengthen the value of the Afghan currency, officials said.
“The purpose of these meetings is to see how we can get the professors’ views on the monetary policy so that we do not face any problems in this area in the future,” said Idrees, the acting governor of Da Afghanistan Bank.
Economists have welcomed the move and say advice from the academics could help stabilize the currency.
According to these experts, in order to stabilize the Afghan currency, domestic production must also be increased.
“The Afghan currency is in a good position against the currencies of neighboring countries, and it is a good thing that the Da Afghanistan Bank officials are meeting with economists about the monetary policy,” said Kamaluddin Kakar, an economist.
“We welcome the step by the Da Afghanistan Bank and such meetings should be held with such professionals on such important issues so that we do not face any problems in the future,” Hakimullah Siddiqi, another economist said.
The private sector also urges officials of Da Afghanistan Bank to increase the level of engagement with experts.
Iranian Foreign Minister Seyed Abbas Araqchi held a phone call with Turkish Foreign Minister Hakan Fidan to discuss bilateral relations and the latest regional and international developments, Iran’s Foreign Ministry said on Wednesday.
During the conversation, Araqchi highlighted ongoing efforts to reduce tensions between Afghanistan and Pakistan, stressing the need for expanded consultations to help safeguard regional peace and stability. He also reiterated Tehran’s readiness to assist in facilitating dialogue.
Fidan, emphasizing that regional peace and stability are closely interconnected, called for collective efforts by all countries to protect stability across the region.
Ties between Afghanistan and Pakistan have remained strained in recent years. Around one month ago, clashes between the two neighbours left dozens dead, further heightening concerns over regional security.
Iranian media reported that at least 13 people were killed and 7 others were injured after two vehicles carrying Afghan migrants overturned in the city of Khash in Sistan and Baluchestan province.
According to IRAF, the migrants had entered Iran illegally and the vehicles carrying them overturned due to high speed.
Russian President Vladimir Putin welcomed the establishment of the UN Regional Centre for Sustainable Development Goals in Kazakhstan, describing it as a key platform to advance long-term, mutually beneficial projects across Central Asia and Afghanistan.
The announcement came during Kazakh President Kassym-Jomart Tokayev’s visit to Moscow.
The agreement on the establishment of the UN Regional Centre for the Sustainable Development Goals for Central Asia and Afghanistan was signed on August 3.
According to the United Nations, the centre will contribute to accelerating progress toward the 2030 Agenda in Central Asia and Afghanistan.
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