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National Bank of Kyrgyzstan again conducts intervention

The National Bank of Kyrgyzstan conducts regular interventions. This is reported on the official website of the bank.

It is noted that yesterday the NB KR again sold dollars. Totally, it sold $ 450,000 with calculations on the date of the transaction. Since the beginning of the week this is the fourth intervention. But it is the smallest one. In total, since the beginning of the week, the regulator has sold $ 9.65 million. It November, it had sold $ 32.2 million.

It should be noted that the National Bank is conducting interventions in order to stop the sharp growth of the dollar rate. However, during two weeks of intervention, the exchange rate declined only by 10 tyiyns. Today, the capital’s exchange offices and commercial banks buy the dollar for 69.6-69.65 soms, and sell — for 69.8 soms. The nominal rate is set at 69,7483 soms.