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US forces in Afghanistan to use local currency

Kabul, July 8, 2007 (Xinhua): US troops deployed in Afghanistan will conduct all business in afghani in an effort to stabilise the Afghan currency, a local newspaper reported Sunday. US troops currently use US dollars for business transactions. Noorullah Dilawari, head of Afghanistan's central bank, said that an amount of $40 million was going to Afghan businessmen from the US forces' budget every month. The dollars would now be transferred into afghanis through the central bank and would be paid in local currency to the US troops, he said. The method would help the central bank better control the amount of dollars in the market, Dilawari said.