According to the data of interbank currency trades, the U.S. dollar exchange rate lost almost all the gain accumulated since the beginning of 2025 and again fell to the levels of January. At the close of trading on March 17, banks conducted transactions with the currency at 87.1 KGS , which corresponds to the values of the beginning of the year.

Throughout the first months of 2025, the dollar demonstrated moderate growth, reaching 87.45 KGS by mid-January and remaining at this level in the following weeks. However, by mid-March, there was a downward trend and the exchange rate returned to 87.1 KGS.

The decline in the dollar can be attributed to several factors, including stabilization of the domestic foreign exchange market, reduction of demand for foreign currency. Thus, the volume of trades on March 17 amounted to $6.7 million. $3.4 million of them were purchased by banks with settlements on the date of the deal, and another $3.3 million with settlements on another date.

Recall that in early January, the dollar exchange rate was in the range of 87-87.25 KGS.