Afghanistan Stock Market
Kabul: Afghanistan's biggest stock market shuts down
Kabul: Money exchangers of Afghanistan’s biggest stock market, based in Kabul city went on strike on Tuesday, closing the market after the Central Bank of Afghanistan adopted new conditions on the money exchangers, an episode which may be seen as yet another blow to the country's economy.
The money exchangers in a press conference told Khaama Press that the conditions are unjust and will impact their activities.
As per the new conditions of the central bank of Afghanistan-Da Afghanistan Bank, the money exchangers are obliged to renew their licenses lest they won’t be allowed to operate, the news agency reported.
The latest incident happened at a time when the local currency-Afghani- devalued against the US dollar led to a rise in the prices of food items.
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