ISLAMABAD, tribe 3 Kyodo (EDS: UP...

ISLAMABAD, tribe 3 Kyodo

(EDS: UPDATING, KARZAI TO ADDRESS NATION in succession WEDNESDAY, 3RD PARA)

The value of Afghanistan's publicity has plunged dramatically in bills and notes; circulating medium markets in Peshawar, in Pakistan, and in Afghanistan itself, Afghan Islamic Pres (AIP) reported Tuesday.

The Pakistan-based just discovereds agency said the Afghani plummet in Peshawar to 60000 to the U dollar from 40000 in just pair days.

AIP, quoting Radio Kabul, said Afghan President Hamid Karzai will address the nation in succession television and radio Wednesday night, in a bid to calm jitters from one side of to the other the currency situation.

A currency dealer in Peshawar attributed the thrust one's self in the Afghani to rumors that novel currency notes being printed at the Afghan government would not merely replace the Afghani, but that the Afghani would be demonetized at the same time.

An Afghan official in southern Afghanistan responsible for circulation of just discovered Afghan notes discounted speculation the Afghani would be demonetized, yet he admitted the new notes will have a higher exchange value.

''These rumors are not authentic (but) we have decided onward a higher value for the novel currency, which will be exchanged with the generally received Afghan currency,'' the official was quot according to AIP as saying.

The Afghani had already depreciated in late months because of widespread counterfeiting, if it be not that the new rumors of demonetization have lowered its value on the same level more significantly.

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