18:30
USD 87.45
EUR 102.79
RUB 1.10

Depreciation of dollar: National Bank buys currency on market

The National Bank of Kyrgyzstan intervened in the foreign exchange market for the first time in almost two months. Official website of the bank says.

In total, $6 million was bought with settlements on the date of the transaction.

The result of the intervention was a slight appreciation of the dollar. Commercial banks and exchange offices currently buy the currency for 81-82 soms, and sell it for 82-82.8 soms. The nominal rate is set at 80.2275 soms.

Since the beginning of the year, the National Bank has sold $217,650 million during five interventions. Three more times the central bank bought the dollars for $25.9 million. Thus, the net sale of the foreign currency since the beginning of the year amounted to $191,750 million.

Popular