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Prices of flour up, gold down in Kabul

Prices of flour up, gold down in Kabul

Apr 03, 2014 - 18:20

KABULinfo-icon (Pajhwok): The price of flour edged up while gold went down and other daily-use items remained steady in Kabul during the outgoing week, market sources said on Thursday.

Food Traders' Union head, Fazal Rahman, said the price of a 50-kilogram Pakistani flour bag jumped from 1,440 to 1,450 afghanis. The main cause of the hike was a price increase in Pakistaninfo-icon.

A kg of Vietnamese green tea was priced at 180afs, same quantity of African black tea at 210afs and a 49-kg sack of Pakistani sugar at 1,500afs -- same as last week’s.

But a retailer in Kart-i-Seh area, Khan Ali, sold a 50-kg bag of sugar for 1,700afs, a 49-kg sack of Pakistani flour for 1,550afs and a 24-kg bag of rice for 2,200afs.

He sold a 5-kg tin of Momin ghee for 440afs, a kilo of African black tea for 260afs and the same quantity of Vietnamese green tea for 240afs -- higher than wholesale prices.

The price of gold also rose. Abdul Baseer, a jeweller in Lycée Maryam neighbourhood, said the rate of one gram of Arabian gold fell from 2,100afs to 2,000afs and the Iranian variety from 1,800 to 1,750afs.

Basir linked the decrease in gold rates to the international market trends.

The prices of diesel, liquefied gas and petrol also remained unchanged. A filling station official in Wazirabad locality, Abdul Hadi, said a litre of diesel cost 60afs and the same quantity of petrol 58afs.

Mohammad Sharif, a liquefied gas seller in Kolola Pushta neighbourhood, sold a kilo of the commodity for 50afs.

Moneychanger Ahmad Shah said the buying rate of one US dollar was 57.30afs, while 1,000 Pakistani rupees accounted for 553afs. Last week's exchange value of the dollar stood at 57.30afs and 1,000 Pakistani rupees at 563afs.



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