Kyrgyzstan: National Bank spends $40.7 million on maintaining som’s exchange rate
The National Bank of Kyrgyzstan conducted two interventions last week. At least $40.7 million has been spent on maintaining the som’s exchange rate. For the first time in five and a half months, the National Bank of the Kyrgyz Republic entered the foreign exchange market on September 27. Then it sold $33.1 million. The National…