Home News The National Bank of Kyrgyzstan keeps the dollar from a sharp fall

The National Bank of Kyrgyzstan keeps the dollar from a sharp fall

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The National Bank of Kyrgyzstan conducted foreign exchange intervention in order to prevent a sharp decline in the US dollar in the country, a REGNUM correspondent reports.

Read also: In Kyrgyzstan, banks do not issue money transfers in dollars

To do this, the financial regulator bought $33.7 million on the domestic market of the republic, including $21.5 million on the date of the transaction, and acquired the remaining $12.2 million later.

It should be noted that for the last month alone, the National Bank of Kyrgyzstan has entered the domestic foreign exchange market for the third time to buy the US currency in order to keep the US dollar from falling.

Read also: Kyrgyzstan switched to rubles when buying gasoline from Russia

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