National Bank of Kyrgyzstan spends $698.95 million in 2021 to support som
In 2021, the National Bank of Kyrgyzstan spent $698,950 million of gross international reserves to support the national currency. Website of the central bank says.
Last year, the National Bank of the Kyrgyz Republic conducted 15 interventions on sale of dollars. Including $127.65 million were sold with settlements on the date of transaction and $571.3 million — with settlements different from the date of transaction.
The National Bank conducted the largest interventions at the end of last year. During November-December 2021, it sold $307.6 million. The largest sales of dollars were recorded on December 7 and November 23, when $71.3 million and $70.3 million were sold. At the same time, the interventions were not carried out at all for three months — from May to August 2021.
