Gold reserves of Kyrgyzstan makes more than USD 2.6 bln: National Bank

Bishkek, March 16, 2022. / Kabar /. As of March 14, 2022, the value of gold in the international reserves of the National Bank of the Kyrgyz Republic is $2 billion 684 million, which covers about six months of future imports, Deputy Chairman of the National Bank Nurbek Zhenish said during an extraordinary meeting of the Committee on Budget, Economy and Fiscal Policy of the Jogorku Kenesh on Wednesday. He noted that the Bank constantly monitors the situation in the foreign exchange market and takes appropriate measures if necessary. "Meanwhile, the high uncertainty in the global financial markets, formed on the background of growing geopolitical risks forms uncertainty in the development of the economy and significant inflationary pressure in the country," Nurbek Zhenish added.