Afghanistan backs national currency

AFGHANISTAN - The central bank in Afghanistan has intervened to support the national currency, buying $500,000 worth of afghanis from the Kabul money market.

Large amounts of afghanis were sold at the end of last week as people speculated that the currency would strengthen.

The speculation actually caused the afghani to devalue.

The currency fell from a rate of 31,000 to the dollar to 39,000 to the dollar over two days of trading.

The currency's fall shocked the markets.

Everyone had expected

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