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RUSSIAN-KYRGYZ DEVELOPMENT FUND ALLOCATED 75 MILLION KGS TO 7 ENTERPRISES OF THE KYRGYZSTAN
Published 10.03.2025The Russian-Kyrgyz Development Fund, Aiyl Bank and RSK Bank allocated 75 million soms under the targeted financing program for seven Kyrgyz projects. Three enterprises operate in Bishkek, the rest...Read more... -
KYRGYZSTAN RESIDENTS PREFER TO KEEP SAVINGS IN DOLLARS
Published 10.03.2025Two thirds of deposit accounts in Kyrgyz banks are opened in foreign currency. A year earlier, the number of som and dollar deposits was almost the same. Citizens of Kyrgyzstan 65...Read more... -
DOLLAR SHAKE: IN A DAY THE “AMERICAN” LOWERED BY 1 SOM
Published 10.03.2025The National Bank of the Kyrgyz Republic sold 18.3 million dollars to soften the fall of the national currency. Exchange offices are now selling the dollar at 70.6 soms. Over the past day, the American currency has lost value....Read more... -
NATIONAL BANK: SHOCK FROM FREE FLOATING OF TENGE INFLUENCED THE ECONOMY OF THE KR
Published 10.03.2025The National Bank says the dollar's growth in Kyrgyzstan depends on the situation in neighboring Kazakhstan, where the national currency has been allowed to float freely. This has affected the financial...Read more...