Since the beginning of the year, Kyrgyzstan's international reserves have decreased by $459.9 million

Since the beginning of the year, Kyrgyzstan's international reserves have decreased by $459.9 million
  • 6
  • 08.05.2023 08:56:00
  • 1 min read

By the end of April 2023, Kyrgyzstan's gross international reserves reached $2 billion 338.19 million. This was reported by the website of the National Bank.

Over the last month, gross international reserves decreased by $151.51 million. Compared to April 2022, they decreased by $261.51 million, and since the beginning of the year - by $459.9 million. The highest level of reserves was in September 2021 - $3 billion 241.14 million.The National Bank uses reserves to smooth out sharp fluctuations in the foreign exchange market. Since the beginning of the year, the National Bank of the Kyrgyz Republic has conducted eight interventions for the sale of dollars totaling $ 440 million 540 thousand.

Source: 24.kg

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