International reserves of Kyrgyzstan amount to $2.9 billion at year-end 2021

09:16, 13 января 2022, Bishkek - 24.kg news agency , Tatyana KUDRYAVTSEVA

As a result of December 2021, the gross international reserves of Kyrgyzstan reached $2,977.56 billion. Website of the National Bank of the republic reported.

Over the past month, the gross international reserves have grown by $30.45 million. The figure increased by $169.45 million for a year. The highest level of reserves was registered in September 2021 — $3,241.14 billion.

The National Bank of Kyrgyzstan uses the reserves to smooth out sharp fluctuations in the foreign exchange market. It conducted 15 interventions last year, selling $698.95 million.