The National Bank of Kyrgyzstan again came out with direct intervention in the foreign exchange market. Already for the 13th time this year.

This time, the regulator sold $53.1 million at interbank trades. $44.4 million of them with settlements on the date of the deal, another $8.7 million - with settlements on a different date from the date of the deal. The National Bank sold currency at KGS 87.

Since the beginning of this year, the National Bank has entered interbank trading 13 times to sell foreign currency. In total, as part of these interventions, it sold $675.65 million. In addition, the NBKR conducted the same number of times reverse intervention - sold currency, totaling $369.85 million.

Translated with DeepL.com (free version)