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Writer's pictureTimes Tengri

The Som strengthened against major currencies. The ruble depreciated strongly

Over the past day, the official rates of dollar, ruble and tenge decreased against the som. This is evidenced by the data of exchange offices and the National Bank of Kyrgyzstan.

*The average rate as of 9.00. It may change during the day.

Today since morning exchange offices in Bishkek buy on average dollar at 86.02 soms, sell at 86.82 soms. The nominal rate of the National Bank is 86.35 soms (down 0.11 percent).

Euro has slightly increased in price. Today it is bought at KGS 92.1 soms, sold at KGS 93.1 soms. The official rate is 92.9817 soms (up 0.55 percent).

The Russian ruble has also fallen in price. Today in the capital it is bought at 0.968 soms, sold at 1.011 soms. The exchange rate of the National Bank of the Kyrgyz Republic is 0.9989 som (down 0.24 percent).

The rate of Kazakh tenge also decreased during the day. Today it is bought at 0.1266 soms, sold at 0.2019 soms. The official rate is 0.1817 som (down 0.098 percent).

Since the beginning of June, the National Bank has bought dollars in the foreign exchange market three times. The last time, on June 20, it bought $62.5 million. And once, on June 13, it sold dollars - a total of $6 million 650 thousand.

Since the beginning of this year, there have been ten currency interventions to buy dollars. In total, the NBKR withdrew almost $265 million from the market.

Since the beginning of 2024, the National Bank has also conducted three interventions to sell dollars - a total of $38.5 million was realized.


Reprinted from 24.kg

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