Currency Exchange Market Opens in Mazar-e-Sharif

The distribution of special cards for participation in the foreign currency exchange market (Boli) has begun in Mazar-e-Sharif, the capital of Balkh province.

Officials from one of the commercial centers in Mazar-e-Sharif say that the Bolai currency exchange market has officially started operating, and today membership cards were distributed to 200 money exchangers in Balkh.

Esmatullah Eshaqzai, head of the commercial center, said: “Around 100 individuals have licenses, and membership cards have been completed and handed over to 200 representatives of money exchangers. With the continuation of this market’s operations, cards will also be distributed to the remaining exchangers in the coming days.”

Abdul Qayyum Rahimi, head of the Balkh Money Exchangers Union, added: “We ask all exchange companies and money service representatives to send either themselves or their representatives to this market every day.”

Meanwhile, a number of money exchangers have welcomed the move, saying that the establishment of a dedicated currency exchange market (Bolai) can play an effective role in ensuring transparency and controlling foreign exchange rates in the country’s market.

Mohammadyar, a money exchanger, said: “Fortunately, our Bolai market became active today. It is very well-organized, and those without responsibility or membership cannot participate. Illegal money is not used here, and all participants are registered companies.”

Abeduddin, another money exchanger, also said: “The market created for exchangers and traders has satisfied everyone. Exchangers have activated their offices and received membership cards.”

On the other hand, officials from the Balkh Department of Industry and Commerce consider the operation of this market important for facilitating business activities and improving capital circulation, and they assure traders of their continued support.

Nasir Ahmad Niazi, deputy head of the Balkh Department of Industry and Commerce, said: “This market not only provides a platform for currency exchange but also plays a key role in facilitating business activities, capital flow, and meeting the daily financial needs of citizens.”

The Bolai currency exchange market, as a mechanism for regulating and managing exchange rates, has been launched in several provinces of the country. Its goal is to reduce currency fluctuations and prevent non-transparent financial transactions.