FX Week

FX fact: The afghani

MARKET NEWS

As the US continues to wage its war against terrorism in Afghanistan, one of the few ways in which Afghani sentiment can be measured is at the currency exchanges in neighbouring Pakistan.

There, Afghan refugees or exiles operate as dealers, and gather daily to determine the value of the Afghan currency, the afghani, which rises and falls with their hopes for the beleaguered nation.

But with at least three rival afghanis in circulation -- the Taliban afghani, the Rabbani afghani, and the Dostu

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