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.