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DAB to auction $16 million on Saturday

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Da Afghanistan Bank (DAB) says it will auction $16 million on Saturday, aimed at keeping the value of the country’s currency stable in the market against foreign currencies. 

Da Afghanistan Bank also known as the Central Bank of Afghanistan auctioned $17 million on February 27, and $15 million on February 23, as part of the continuous efforts to keep the value of Afghani stable against foreign currencies.

The bank has asked qualified private banks and exchange companies to participate in the auction, which is scheduled to be held on Saturday, March 4. 

According to DAB, the winners of the auction are obliged to liquidate their accounts by the end of the day. As per the announcement, partial settlement of transactions is not allowed and the winners of the auction are obliged to transfer the payable amount to the central bank in cash within a certain time. The exchange rate of one USD is announced to 89 Afghanis as of yesterday, March 2, 2023.

Since the Islamic Emirate took control of the country in August 2021, the value of Afghani has remained relatively stable, which is considered a positive sign for the war-torn country with an economy mostly dependent on foreign aid.

A number of economic experts meanwhile believe that one of the main reasons behind Afghani’s stable value is the inflow of dollars to Afghanistan in the form of international humanitarian aid, which satisfies the demand of the market to some extent.

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Intelligence chiefs gather in Azerbaijan to discuss Afghanistan 

Colonel-General Ali Naghiyev noted the importance of the event and said it was extremely important for the world to provide comprehensive support to Afghanistan. 

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Azerbaijan’s State Security Service (SSS) hosted an international conference on  “Afghanistan: Regional Connectivity, Security, and Development”, which brought together intelligence officials from 20 countries. 

The event, held in Baku, was opened by the head of Azerbaijan’s SSS, Colonel-General Ali Naghiyev, who noted the importance of the event and said it was extremely important for the world to provide comprehensive support to Afghanistan. 

He expressed hope that the event would “make a significant contribution to the establishment of a centralised state in Afghanistan, adhering to the norms and principles of international law”.

Speaking about the longstanding Azerbaijan-Afghanistan relations, built on mutual trust, as well as the deep historical and cultural ties between the two countries, Naghiyev noted that Azerbaijan has always supported international initiatives aimed at ensuring internal political stability and security in Afghanistan and has never spared efforts in this direction.

Naghiyev also emphasised the need for comprehensive support from countries around the world for Afghanistan in its fight against transnational organised crime, including international terrorism, drug trafficking, and illegal migration.

Highlighting that one of the main goals of the event was to develop a unified stance on preventing destructive attempts by sabotage forces and terrorist groups interested in maintaining the tense situation in Afghanistan, the head of the SSS noted the importance of ensuring that Afghanistan takes its rightful place in the international system, with peace being established in the country. 

He expressed confidence that the countries of the region and other states would act in coordination and make joint efforts toward this goal.

Other intelligence officials also addressed participants and noted that such meetings would lead to serious steps being taken to ensure peace and security in Afghanistan. 

 

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Civil war devastated Afghans more than the Soviet invasion, says Fitrat

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The civil war inflicted greater harm on the people of Afghanistan than the Soviet invasion, Fasihuddin Fitrat, Chief of the Army Staff of the Islamic Emirate, said on Monday

“The Soviet Red Army invasion did not make the Afghan people as miserable as the civil wars and power struggles made,” he said at a ceremony marking the 33rd anniversary of the mujahideen’s victory against the former Soviet-backed regime.

Fitrat warned that if someone is thinking of occupying Afghanistan using those who have fled the country, the Afghan people are ready to fight against them even if takes thousands of years.

“No matter how they impose war on the people of Afghanistan, the people have the courage and heroism,” he said. “Their honor will never allow them to be controlled by someone else. They will fight against them. They have fought for four and a half decades and are ready to fight for thousands more. If anyone thinks of occupying our country, they will fight against them.”

Acting Minister of Borders and Tribal Affairs, Alhaji Mullah Noorullah Noori also stressed that Afghanistan will soon will compete with other countries in political, economic and security sectors.

“The day will come when Afghanistan will compete with the world’s major countries in every field, politically, economically, security,” he said.

Acting Minister of Information and Culture Khairullah Khairkhwa called on the officials of the Islamic Emirate to refrain from “power worship,” warning that it would lead to the collapse of the government.

“If, God forbid, we revive the past and there is power worship here again and we try to increase our influence, the regime will collapse and the people will become divided,” he said.

At the ceremony, the Chief of Staff of Army also stressed the dignified return of refugees from neighboring countries, adding that humiliating them is unacceptable for the Islamic Emirate.

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Qatar’s Prime Minister meets with Afghanistan’s foreign minister

According to Gulf Times, the two officials reviewed the latest developments in Afghanistan and discussed ways to support the Afghan people.

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Qatar’s Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani met with Afghanistan’s Acting Minister of Foreign Affairs Amir Khan Muttaqi who is currently visiting the country.

According to Gulf Times, the two officials reviewed the latest developments in Afghanistan and discussed ways to support the Afghan people.

Al-Thani emphasized the State of Qatar’s unwavering support for all segments of the Afghan people and its continued efforts to achieve security, stability, prosperity, and a dignified life in Afghanistan.

A source told Ariana News that Muttaqi arrived in Qatar on Sunday. No further details on his trip were given.

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