National Bank enters foreign exchange market with intervention

12:13, 01 апреля 2023, Bishkek - 24.kg news agency , Tatyana KUDRYAVTSEVA

The National Bank of Kyrgyzstan entered the foreign exchange market with intervention. Official website of the central bank reported.

It is noted that $27.7 million were sold with settlements on the date of the transaction and $17.5 million with settlements different from the date of the transaction. In total, the bank intervened two times in March, during which it sold $80.2 million.

Since the beginning of the year, the National Bank of the Kyrgyz Republic conducted six interventions to sell dollars for a total of $307,370 million.

Last year, the National Bank conducted 15 interventions, including purchase of dollars on the market seven times. In total, $190,740 million were purchased. At least $419,850 were sold during eight interventions for the sale of foreign currency. Thus, the net sale of dollars in the market amounted to $229,110.