NBKR

To help this transition and allow the economy to adjust to shocks through the exchange rate channel, IMF Executive Directors recommended that the National Bank of the Kyrgyz Republic (NBKR) maintain two-way exchange rate flexibility and limit interventions solely to smoothing excessive fluctuations.

As a result of December 2018, the gross international reserves of Kyrgyzstan grew, despite currency interventions of the National Bank, the website of the National Bank of the Kyrgyz Republic says, Trend reports referring to24.kg.

Kalechits, Deputy Chairman of the National Bank of the Kyrgyz Republic N.Zh.

To date, Kompanion has disbursed about US$ 618 million to SMEs in the Kyrgyz Republic through more than a million loans, according to EBRD.
A few weeks ago, Kompanion received a preliminary consent from the National Bank of the Kyrgyz Republic regarding KompanionEe's request for a banking licence.

President Almazbek Atambayev has approved the amendments to the law on the National Bank of the Kyrgyz Republic, the press service of the President said.

The National Bank of the Kyrgyz Republic has issued a warning on virtual currencies.

In accordance with the plan, the National Bank of the Kyrgyz Republic is to provide liquidity support in the volume of KGS1.5 billion ($32.4 million) to the bank for the term of six months, while the Ministry of Finance is to recapitalise the bank following its nationalisation.

The National Bank of the Kyrgyz Republic put into circulation the modified banknotes of the 4th series with the value of 20 soms and 5,000 soms of 2016 sample on December 20, 2018.

Bishkek: The Board of the National Bank of the Kyrgyz Republic decided to keep the monetary policy rate at 10.00 percent.

The next meeting of the National Bank of the Kyrgyz Republic, which will consider the question of the size of the refinancing rate, is scheduled for March 30, 2015.