KABUL (Pajhwok): Central bank chief Khalil Siddique on Tuesday told the Meshrano Jirga or upper house of parliament that the increase in US dollar’s value, the decline in investments and domestic products, insecurity, migration and capital flight were major reasons behind the depreciation of the afghani.
When new Afghan currency was printed in 2002, the afghani protected its value against the US dollar for a long time and at that time one dollar equaled 48 afghanis.