Business
Commodity prices have increased in Afghanistan with currency depreciation: WFP
Commodity prices have increased in Afghanistan as the country’s currency depreciated against the US dollar during the past week, the UN World Food Program (WFP) said on Thursday.
WFP said in a report that during the past week, the Afghani declined by 7.6 percent against USD to AFN 79.6/USD, which directly impacted market prices.
It said that Da Afghanistan Bank (DAB) conducted USD auctions to stabilize the currency, and the exchange rate returned to around 76 Afghanis per USD of Thursday.
Majority of staple food commodities, such as wheat flour, cooking oil, and rice, are imported into the country. Any changes in the exchange rate directly impact prices in local markets.
Prices collected during the fourth week of January show a slight increase in the price of major food commodities due to the depreciation of the Afghani over the past week, WFP said.
The national average prices of non-food commodities also experienced a slight increase compared to last week due to changes in exchange rate. Compared to last week, the price of DAP, Urea and Improved Seed increased by 2.8%, 3.6% and 0.9%, respectively.
The price of diesel increased by 2.8 percent to AFN 63.9 per litre. Charcoal and gas prices rose by 4.0% and 2.8% respectively.
Business
Pezeshkian pledges to facilitate Iran-Afghanistan trade
Iranian President Masoud Pezeshkian has said that Tehran will facilitate trade and economic exchanges with Afghanistan, including easing procedures at customs and local marketplaces.
He made the remarks during a televised interview following his visit to South Khorasan province, which shares a border with Afghanistan.
Pezeshkian, in a separate event addressing local business leaders, highlighted the province’s strategic advantages, citing its rich mineral resources, proximity to neighboring countries such as Afghanistan and Pakistan, and access to the ocean via the Chabahar port. He described the region as “a golden opportunity not found everywhere,” emphasizing its potential for economic growth and cross-border commerce.
Business
Afghanistan-Kazakhstan banking ties discussed in Kabul meeting
Business
Afghanistan, Kazakhstan envoys discuss expanding trade and regional connectivity
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
Afghanistan’s Ambassador to Pakistan, Sardar Ahmad Shakeeb, has met with Kazakhstan’s Ambassador to Pakistan, Yerzhan Kistafin, to explore ways to strengthen bilateral relations and advance regional cooperation.
The two envoys exchanged views on Afghanistan–Kazakhstan ties, regional connectivity, and major infrastructure initiatives, as well as the opportunities and challenges facing regional trade. Discussions also touched on Kazakhstan’s role in promoting regional stability and other matters of mutual interest.
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
He expressed hope that the proposed $3 billion joint trade agreement, once finalized, would bring tangible benefits to both countries and contribute to broader regional economic integration.
Ambassador Kistafin reaffirmed Kazakhstan’s support for stability and economic growth in Afghanistan, highlighting his country’s involvement in key regional connectivity and trade projects.
He said the current security and stability situation in Afghanistan has increased Kazakhstan’s confidence in expanding regional trade and transit, and praised the efforts of the Islamic Emirate in this regard.
He also stressed the need for coordinated regional efforts to ensure lasting stability, sustainable economic development, and the smooth movement of goods and transit across the region.
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