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• Kyrgyzstan and Kazakhstan won’t be able to switch to settlements in national currencies — here’s why

  Despite their membership in the Eurasian Economic Union and close economic ties, Kyrgyzstan and Kazakhstan currently lack the practical conditions necessary to switch to mutual settlements in their national currencies — KGS and Tenge.

  4/22/2025, 5:11:03 AM
  
• Money turnover in Kyrgyz banks: deposited 1.3 trillion soms, but withdrew even more

  In the second quarter of 2024, commercial banks in Kyrgyzstan brought 1.3 trillion KGS to their cash desks, but the population and companies took even more, increasing the volume of cash withdrawals. Against the background of growth of cash in circulation, the return of money to the banking system began to decline.

  9/6/2024, 2:56:06 AM
  
• Remittances to Kyrgyzstan: less tenge, but more dollars, euros and rubles

  In the first half of 2024, Kyrgyzstan received 93.3 bln KGS through international transfer systems. A total of 3.2 million transactions were made. As a result, the average transfer amounted to just over 29 thousand soms.

  9/2/2024, 11:35:44 AM