Afghanistan Times
Related Articles
AT
Kabul: The Central Bank of Afghanistan stated in a newsletter that the representatives of this bank participated at the 43rd meeting of the SAARC Finance held in Islamabad.
One of the key outcomes of the meeting was the recognition that the Afghani is the most stable currency among the SAARC member countries, added the Afghanistan central bank.
At the meeting of the SAARC Finance various topics discussed, including financial inclusion, economic research, and the SAARC database.
A while ago, the World Food Organization published a report saying that the exchange rate of the Afghani to the US dollar has remained stable between 87 and 89 Afghani to one dollar in recent months, thanks to the continuous flow of dollars to United Nations agencies.
The South Asian Association for Regional Cooperation (SAARC) is an intergovernmental organization that promotes economic and cultural cooperation among its member countries, which include Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. The SAARC Finance meeting brings together the heads of central banks from these countries to discuss issues related to the region’s economy and financial sector.
