Kyrgyz National Bank’s gold and currency reserve reaches historical maximum of USD 3.2B

Economy 0

Bishkek, Sept. 29, 2021 . / Kabar / . There is no decrease in the gold and foreign currency reserves of the country, there is only an increase, Head of the National Bank of Kyrgyzstan Tolkunbek Abdygulov said during a meeting of the Jogorku Kenesh on Wednesday.

"Today we've reached a historical maximum of $3.200 billion in foreign exchange reserves of the National Bank. The share of gold in this reserve may go up and down. Because the National Bank pursues an active policy, we not only buy gold, but sell it as well. Now we have USD 3.2 billion of cash money, enough for eight months to finance imports, if necessary," Abdygulov added.

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