Sat 16 November 2024:

Afghanistan’s currency, the afghani (AFN), has strengthened considerably against Iran’s toman in the past year, Iranian media reported.

According to Iranian-based financial website gheymat360.com, the afghani has strengthened by 40%, recording the strongest growth rate among foreign currencies on the Iranian forex market.

Currently one afghani is sold for 992 tomans against 694 tomans this time last year.

This 40% growth in one year has been reported as a record breaking streak of the Afghan currency.

At the peak of conflict between Iran and Israel, the afghani surged to 1,146 tomans to the AFN, but it has since slid to 992.

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IEA cuts mobile phone and internet rates

Meanwhile, Taliban Ministry of Telecommunications and Information Technology said on Wednesday that the costs of data, phone calls and internet packages will be cut by between 14 and 36 percent by all service providers.

Najibullah Haqqani, the acting minister, said at a press conference that a one-minute phone call between the same network will cost 1.30 afghanis, and between different networks it will cost 1.40 afghanis per minute, down from 1.85.

One GB of data, valid for a month, will be set at 95 afghanis, down from 110 afghanis. This is a 14% drop in price, he said.

He also said text messages between subscribers on the same network will cost 1.30 afghanis per message.

Haqqani also stated that 800 new mobile phone sites, including towers, have been established in remote areas and 1,000 inactive sites have been reactivated.

In addition, Afghanistan Telecommunication Regulatory Authority (ATRA) said of the 26 million SIM cards in use, 14 million have been registered under the new administration.

SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES

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