23 July 2019

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Economic

Saturday, June 08, 2019

Kabul (BNA) Based on Union of money exchangers in Sari Shahzada, Kabul city, the exchange rate of Afghani as a follow:
                                                                           
One Dollar                                                              79/70        Afs
One Pound Sterling                                            100/30       Afs
One Euro                                                            89/50       Afs
One Emirate’s Dirham                                       21/55       Afs
One Thousand Pakistani Rupees                           538       Afs
One Thousand Indian Rupees                              1130       Afs
One Thousand Iranian Rupees                            05/65       Afs
Yarzada
 

Saturday, June 8, 2019
Kabul (BNA) Member of the Board of Directors of Iran-Afghanistan Joint Chamber of Commerce Amir Houshang Amini made the remarks on Thursday and said, “Development of bilateral relationship between Islamic Republic of Iran and Afghanistan should be formulated within the framework of a comprehensive plan.”
Afghan economic activists have repeatedly announced their readiness for joint ventures with Iran but such joint investment should benefit Iranian economic activists in equal condition, he said and urged Plan and Budget Organization to provide a comprehensive plan in this respect.
Identifying target markets is the main aim behind promoting exports, he said, adding, “Such identification of target markets should not be restricted only to the trade and economic activists, because, exports promotion strictly hinges on carrying out widespread research studies.”
Foreign trade statistics of the country in the last year (ended March 21, 2019) showed that of total $44.309 billion worth of non-oil commodities exported from the country, about $24.132 billion of which was exported to 15 neighboring countries, that is to say that more than 54 percent of Iranian products were exported to the target markets of neighboring states, he emphasized.

Sunday, June 02, 2019
Kabul (BNA) According to Ministry of Transport officials, efforts have been expedited to provide required facilities to private companies to attack more investment in transportation sector.
The deputy minister of transportation Imam Mohammad Warimach said that besides strengthening transit relations with countries in the region, efforts will be expedited to boost the capacity of transportation companies in Afghanistan.
According to the Ministry of Transport, there are 255 transportation and cargo companies in the country which have invested “hundreds of millions of dollars” in this sector.  Only 11 of these companies have received the permit licenses to transport goods outside the country.
“We need to build a good capacity.  We have all types of agreements, including bilateral, trilateral and multilateral with regional countries and the world, but we cannot meet their standards due to lack of capacity, “Warimach told a local tv on Friday.
Inverters in transportation sector said that insecurity and lack of infrastructures are main challenges on the way of investment in this sector.
“I have already vowed to import at least 2,500 buses to operate in Kabul if government boosts its contribution to the transportation sector,” said Mohammad Yusuf Mohmand, head of a private transportation company.

Saturday, June 01, 2019

Kabul (BNA) Based on Union of money exchangers in Sari Shahzada, Kabul city, the exchange rate of Afghani as a follow:
                                                                           
One Dollar                                                              79/50        Afs
One Pound Sterling                                            99/50       Afs
One Euro                                                            88/50       Afs
One Emirate’s Dirham                                       21/50       Afs
One Thousand Pakistani Rupees                           536       Afs
One Thousand Indian Rupees                              1120       Afs
One Thousand Iranian Rupees                            05/65      Afs
Yarzada
 

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