17 October 2019

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Economic

Wednesday April 16, 2014
Kabul (BNA) The Afghan-Turk 4th exhibition held by the chamber of commerce and industries, craftsmen association and Afghanistan traders in Kabul yesterday.
According to BNA report, the goal of the exhibition is expansion of trade and economic cooperation between the merchants of the two countries.
At the ceremony held on this regard in Satara Shahr Hotel Abdul Hadi Arghandiwal Minister of Economy said that the aim of the exhibition was not only economic ties between traders of the countries, but it was a symbol of friendship between the two nations.
Arghandiwal added, the construction works of Turkish companies are the most outstanding construction services in our country.
Then, Asmayel Aremz Turkish ambassador to Kabul said the Turkish cooperation will continue after 2014 in different fields to Afghanistan.
Also Mohammad Qurban Haqjo the head of chamber and industries said that the Turkish companies so far have invested more 2 billion dollars and have already finished 330 construction projects in Afghanistan.
In the exhibition displayed products of Turkish in 30 booths and the Afghans in 40 booths.
The exhibition was attended by Nabi Farahi Deputy Minister of Information and Cultures, Jarullah Mansoori Deputy Minister of Transportation and some members of the countries.
The exhibition will be opened for 4 days from 9:00am up to 5:00pm.

Monday, April 14, 2014
Kabul (BNA) Based on Najibullah Akhtari’ head of currency exchange market in Kabul(Saraye Shahzada) report the exchange rate of Afghani as a follow:
                                            Buying                                     Selling
One Dollar                          57/15 afgs                                   57/20afgs
One Pound sterling             94/90 afgs                                    95afgs
One Euro                            78/90afgs                                   79 afgs
One Emirate’s Dirham       15/50 afgs                                     15/50 afgs
One Thousand Indian Rupees 930 afgs                                   940 afgs
One Thousand Pakistani Rupees 574 afgs                              575afgs
One Thousand Iranian Riyals   18/55afgs                               18/60 afgs

Monday, April 14, 2014
Kabul (BNA) Afghanistan will receive annually $400 million interest by implementation of Turkmenistan gas transited through Afghanistan to Pakistan and India. 
According to a spokesman for Ministry of Commerce and Industries Musafir Tofandi, the project is determined to be started in 2015 and by implementation of the project, transit problems of Afghanistan with Asian countries will be solved and Afghanistan will also receive some gas and money incomes.
“Afghanistan government will get annually $ 400 million incomes from the project and Turkmenistan will also sell some gas to Afghanistan in low price, “Tofandi said.
Spokesman for Ministry of Commerce and Industries added more than 50,000 Afghans would be deployed after the project started.
According to officials for Ministry of Mines and Petroleum, the pipeline for transition of gas lengthen 1735km and its 535km will be transited via Herat and Kandahar cities to Pakistan and then to India. 
The project will cost $8 billion which is to be provided by World Bank and Asian Bank.

Sunday April 13, 2014
Kabul (BNA) Based on Najibullah Akhtari’ head of currency exchange market in Kabul (Saraye Shahzada) report the exchange rate of Afghani as a follow:
                                                   Buying                                    Selling

One Dollar                                   57/10 afgs                            57/15 afgs
One Pound sterling                      94/70 afgs                            94/80 afgs
One Euro                                    78/90 afgs                           79 afgs
One Emirate’s Dirham                 15/45 afgs                            15/50 afgs
One Thousand Indian Rupees       920 afgs                              930 afgs
One Thousand Pakistani Rupees   574 afgs                              575 afgs
One Thousand Iranian Riyals           18/50 afgs                         18/60 afgs