ISLAMABAD, race 3 Kyodo The valu...

ISLAMABAD, race 3 Kyodo

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 recently made knowns agency said the Afghani plummet in Peshawar to 60000 to the U dollar from 40000 in just couple days.

A riches dealer in the city attributed the immerse in the Afghani to rumors that of recent origin currency notes being printed by dint of the Afghan government would not simply replace the Afghani, but that the Afghani would be demonetized at the same time.

An Afghan official in southern Afghanistan responsible for circulation of recent Afghan notes discounted speculation the Afghani would be demonetized, if it were not that he admitted the new notes will have a higher exchange value.

''These rumors are not loyal (but) we have decided onward a higher value for the novel currency, which will be exchanged with the instant Afghan currency,'' the official was quot by means of AIP as saying.

The Afghani had already depreciated in modern months because of widespread counterfeiting, unless the new rumors of demonetization have lowered its value uniform more significantly.

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