The National Bank of Kyrgyzstan conducted its third intervention in October.
A total of $25.7 million was sold with settlements on the date of the transaction and $24.3 million – with settlements different from the date of the transaction. Last month, the National Bank spent $87.8 million on maintaining the som’s exchange rate.
Since the beginning of the year, the National Bank has conducted nine interventions, selling $398,950 million.
The National Bank of the Kyrgyz Republic enters the foreign exchange market with interventions to stabilize the situation in the foreign exchange market. (24.kg/Business World Magazine)