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National Bank of Kyrgyzstan Intervenes in Currency Market for Second Time in March

in Economy / Kyrgyzstan - by


The National Bank of Kyrgyzstan has once again intervened in the currency market, purchasing dollars this time. A total of $9 million was acquired with settlements different from the transaction date. It is worth noting that the last time the National Bank bought currency on the market was in June 2022.

The interventions by the National Bank are aimed at stabilizing the situation in the currency market and avoiding sharp exchange rate fluctuations. This move demonstrates the bank's commitment to ensuring stability and confidence in the national currency.