Fuel prices up, gold, gas down in Kabul
Summarized and contextualized by DistantNews.
At a glance
- Fuel prices in Kabul increased this past week, while the Afghan currency slightly depreciated against the US dollar.
- Prices for liquefied gas, Indian sugar, and gold saw declines, with most basic food commodity prices remaining stable.
- Fluctuations in local gold prices are linked to changes in international markets, according to traders.
Kabul's markets saw mixed price movements this week, with fuel costs rising and the Afghan currency experiencing a slight depreciation against the US dollar. However, consumers found some relief as prices for liquefied gas, Indian sugar, and gold decreased. Most essential food commodity prices held steady.
A worker at the Ahmadyar fuel station reported that the price of petrol increased from 65 to 67 Afghanis per liter, while diesel also rose from 64 to 66 Afghanis. In contrast, the price of one kilogram of liquefied gas dropped from 60 to 59 Afghanis, according to Mohammad Jan Amin, a shopkeeper in the Dahan-i-Bagh area.
The Food Traders Union head, Zamari Safi, stated that the price of a 49-kg sack of Indian sugar fell from 3,100 to 3,000 Afghanis compared to the previous week. Prices for other staples remained unchanged: a 49-kg sack of Kazakh flour at 1,500 Afghanis, a 24-kg bag of Indian rice at 2,500 Afghanis, a 16-liter bottle of Malaysian cooking oil at 1,800 Afghanis, and one kilogram of African black tea at 380 Afghanis, with Indonesian green tea at 350 Afghanis.
Gold prices experienced a downturn, with one gram of Arabian gold decreasing from 7,210 to 7,120 Afghanis, and Russian gold falling from 5,750 to 5,675 Afghanis. Gold traders attributed these fluctuations to shifts in international market trends. Meanwhile, the US dollar traded at 64.40 Afghanis, a slight increase from the previous week's 63.80 Afghanis.
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Originally published by Pajhwok Afghan News. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.