00:18
USD 89.51
EUR 96.93
RUB 0.97

Akylbek Japarov about situation with dollar and black currency market

Market mechanisms in terms of purchase and sale of currency are working as usual, only the outflow of dollars from Kyrgyzstan has increased. Akylbek Japarov, Chairman of the Cabinet of Ministers of Kyrgyzstan, said this in an interview with Azattyk.

According to him, Kyrgyz banks imported foreign currency through Russian ones, but due to the events in Ukraine, they do it through other countries now.

«It also costs money. Banks are trying to get their profits. We are not against it. Here we need to pay attention to one circumstance: we have been living under capitalism for more than 30 years, but we forget this and put forward demands, as the communists did it before,» the head of the Cabinet said.

He noted that the National Bank considers and checks whether banks have correctly set interest rates (for cashing out in dollars. — Note of 24.kg news agency). «Banks have set a fee from 1 to 4 percent. Now they are working on it. But the demand creates supply. In a word, there is no such big problem,» Akylbek Japarov believes.

He also commented on the situation with the black currency market and noted: there is a free market in our country. «Therefore, no one should be deceived. All money must be received and money transfers should be carried out through banks. We have enough dollars and gold reserves. The government is also taking action,» the head of the Cabinet said.

I think there is no reason to panic right now. Currency was previously imported and exported from other states, now it is also imported and exported. We only paid attention to the fact that more currency is exported to Russia and Kazakhstan.

Akylbek Japarov

«Measures are being taken in this direction. We had such difficulties in connection with the events in Ukraine. Previously, 2.5 billion came in dollars, now in rubles. Therefore, both in Russia and in our country two different ruble exchange rates have appeared. But we are not responsible for the ruble exchange rate. We are only responsible for the exchange rate of the som,» he added.

Popular