Afghan central bank struggles to defend currency

FEATURE - Afghanistan's central bank plans to issue a new bank note and chop three zeros off the volatile afghani in order to bring money supply under its control, the governor of the Bank of Afghanistan said on Tuesday in an interview with Reuters.

Faced with persistent rumours that other powerbrokers are printing money at will, and with the fact that northern warlord Abdul Rashid Dostum legally issues his own separate currency, the bank says the only way it can control inflation is by stamping

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