Kyrgyzstan's Gross International Reserves Reach Record High in February
Kyrgyzstan's gross international reserves reached a record high of $3.32 billion in February, according to the National Bank's website.
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in Economy / Kyrgyzstan,
International Money Transfers in Kazakhstan Decrease by 26% in 2023
The National Bank of Kazakhstan reported a 26% decrease in international money transfers through IMTS in 2023 compared to 2022.
in Economy / Kazakhstan,
President Tokayev Meets with National Bank Chairman to Discuss Monetary Policy
President Tokayev reviews National Bank's monetary policy implementation and future plans, focusing on inflation dynamics and economic stabilization efforts.
in Economy / Kazakhstan,
National Bank intervenes in currency market for the first time since March
The National Bank of Kyrgyz Republic intervenes in the currency market to stabilize the national currency, selling $8.35 million.
in Economy / Kyrgyzstan,
National Bank predicts 3.9% GDP growth in 2024, industrial sector to have positive impact
A report by the National Bank forecasts a real GDP growth of 3.9% in 2024 and 5.7% in 2025, highlighting the positive influence of the industrial sector on economic dynamics.
in Economy / Kyrgyzstan,
Inflation in Kazakhstan Slows Down, National Bank Lowers Interest Rates
The Chairman of the National Bank announced a deceleration in annual inflation rate in Kazakhstan, leading to a reduction in the base rate.
in Economy / Kazakhstan,
Kyrgyzstan's Nominal Exchange Rate Weakens, Real Exchange Rate Strengthens in 2023
The National Bank reports a 1.3% decrease in the nominal effective exchange rate index of the som in 2023, with fluctuations against various currencies.
in Economy / Kyrgyzstan,
Tighter Regulations Implemented for Financial Market Agency Employees in Kazakhstan
The Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market updates employment contract rules, including special checks for new hires and changes in document requirements.
in Economy / Kazakhstan,
National Bank Amends Remote Client Identification Rules for Entrepreneurs in Kyrgyzstan
The National Bank of Kyrgyzstan has updated rules for remote client identification for individual entrepreneurs, allowing commercial banks to use state information systems for the process.
in Economy / Kyrgyzstan,