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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 5 sources · 13 days · First seen · Last updated
Afghanistan currency and commodity market fluctuations
Overview
Economic indicators in Afghanistan have shown significant volatility regarding currency values and commodity prices. In late August, the Afghan Afghani showed growth in Kabul markets, increasing by approximately 5.54% over one week and 19.13% over six months. During this period, fuel costs rose sharply, with petrol prices increasing by 31.8% over two months and diesel by 21.5%.
By mid-September, market activity continued with further fluctuations. The Afghan Afghani demonstrated continued growth, rising 7.59% over the week and over 47.85% over the preceding six months in Kabul and Herat. In addition to currency exchange rates for the US Dollar and Euro, gold prices also fluctuated in response to global market instability, with 18-karat gold seeing different purchase and sale rates across Kabul and Herat.
Entities
Saraye Shahzada · Kabul · Afghanistan · Iran
Timeline
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3 days ago
[BUSINESS] 3 sourcesAfghanistan currency and gold markets report significant fluctuationsCurrency and gold markets in Afghanistan report the Afghani has grown over 47% in six months, while global gold prices reached approximately $4,414 per ounce.
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16 days ago
[BUSINESS] 3 sourcesKabul markets face rising fuel costs and currency fluctuationsKabul markets report rising fuel costs, with petrol up 31.8% over two months, alongside significant fluctuations in the Afghan Afghani exchange rate.
Sources
afaaq.af · etemadonline.com · noandish.com · rokna.net · tolonews.com