17:09
USD 88.84
EUR 95.29
RUB 0.96

National Bank of Kyrgyzstan intervenes selling U.S. dollars

The National Bank of Kyrgyzstan repeatedly entered the foreign exchange market with intervention yesterday. Its official website says.

In total, it sold $ 6.4 million with settlements on the date of the transaction and $ 20.7 million — with settlements that differ from the transaction date.

The National Bank has sold $ 58.1 million within 2 interventions in 2020.

In 2019, the National Bank of the Kyrgyz Republic also sold dollars. In total, it conducted six interventions, having sold $ 143,450,000.

The intervention has not yet yielded any results. Commercial banks still buy the dollars for 69.75-69.8 soms, and sell — for 69.9 soms. Selling rate of the American currency in exchange offices of the capital amounts to about 69.95 soms for the second week in a row.

The nominal exchange rate of the National Bank is 69.85 soms.

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