Reserves of Kyrgyzstan's National Bank amount to USD 2 bln 740 mln: chairman
(MENAFN - Trend News Agency) As of today, reserves of the National Bank of Kyrgyzstan amount to $2 billion 740 million, Chairman of the Bank Tolkunbek Abdygulov said in live broadcast on Birinchi Radio of the Public TV and Radio Broadcasting Corporation, Trend reports citing Kabar . He replied to public concerns on reasons of spending by the National Bank money from the reserves and carrying out interventions. "If we don't sell dollars, then the rate can go up to KGS 300-400 per dollar. The main goal of the National Bank is to maintain the stability of the som," he said. Abdygulov noted that...
Source: menafn.com