«Despite the economic and political events, som has proved its viability,» the Chairman of the National Bank Tolkunbek Abdygulov said at a press conference today.
According to him, after the proclamation of independence, Kyrgyzstan began to pursue an independent economic policy. Therefore, the country needed its own currency.
«25 years ago at 4.00 am, Kyrgyzstan introduced som into circulation. The parallel circulation of ruble and som continued until May 14 and ended on May 14 at 6.00 pm. This was the starting point for an independent monetary policy. For 25 years, the national currency has been changed four times. In 2017, the first commemorative banknote in the amount of 2,000 soms was issued. It won the competition among the countries of Central Asia and the CIS, having received the prestigious award as the best regional currency in 2018,» Tolkunbek Abdygulov stressed.