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China's entrepreneur confidence index stable amid upward trend
Nestle opens milk powder factory in North China
Row could end tie-up as Wahaha seeks damages
Brilliance China to sell vehicles in US
China Southern Airlines opens air link with Myanmar
Railway helps Tibet save $23 mln of transportation costs
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Shanghai's Pudong to buy homes for needy
China says fake Motorola, Nokia batteries may explode
Chery partners Chrysler to make cars for North America
China rejects U.S.-based Carlyle's bid to buy stake in bank
State investment arm will merge into new company
Health firm founder jailed for bribing former state governor
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China's car sales up nearly 26% in first half
China's sedan exports soar 81% in 1st five months
China' monetary policies to stress cautious credit, investment growth
China's 2nd-half trade gap will narrow, Wei says
China'China's June manufacturing pace in 4-month lows June manufacturing pace in 4-month low
BoCom to create rating system to assess credit worthiness
U.S. forces in Afghanistan to use Afghan currency 
KABUL, July 8 (Xinhua) -- U.S. troops deployed in Afghanistan would transact all businesses in the Afghan currency afghani instead of U.S. dollar to stabilize the Afghan currency, a local newspaper reported Sunday.

Afghanistan's central bank and the U.S.-led coalition forces signed an agreement on the issue on Saturday, Outlook said.

Noorullah Dilawari, head of Afghanistan's central bank, said every month an amount of 40 million U.S. dollars was first flowing to Afghan businessmen, then to the central bank, from the U.S. forces' budget.

The U.S. dollars would now be transferred into afghanis first through the central bank and would be paid in local currency to the U.S. troops, he said.

The method would help the central bank better control the amount of U.S. dollars on the market, he indicated.

Coalition forces and NATO troops serving in Afghanistan previously were transacting their businesses in U.S. dollars and Euros respectively.


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