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International reserves of Kyrgyzstan decrease

Despite the absence of interventions, Kyrgyzstan’s gross international reserves are decreasing. The website of the National Bank reported.

As noted, following the results of March, Kyrgyzstan’s reserves amounted to $ 2,118.65 billion. Over the month, they reduced by $ 3.61 million. But since the beginning of the year, the figure has increased by $32.19 million.

The National Bank uses international reserves to smooth the sharp fluctuations in the dollar exchange rate. Last time, it entered the currency market in February, buying $ 5.5 million.