As a result of October 2021, the gross international reserves of Kyrgyzstan reached $3,149.91 billion. Website of the National Bank of the Kyrgyz Republic says.
Over the past month, gross international reserves decreased by $91.23 million. At the same time, they still remain at record high level. Since the beginning of the year, the reserves have increased by $341.8 million, and compared to October 2020 — by $205.71 million.
The National Bank uses the reserves to smooth out sharp fluctuations in the foreign exchange market. Last year, it conducted 29 interventions, selling $467,150,000. In total, since the beginning of 2021, the National Bank of the Kyrgyz Republic conducted ten interventions, selling $454,350,000.
