Kyrgyz banks bought $3 million at auction

Commercial banks bought $3m at interbank trades on Wednesday, January 15.

From them $1.5 mln banks purchased with settlements on the date of the deal, another $1.5 mln - with settlements on a different date from the date of the deal. The trades opened at the exchange rate of the U.S. dollar - 87.45 KGS and closed at the same level.

Recall that two days earlier, on 13 January, the U.S. dollar traded in the range of 87.25 soms - 87.45 soms, closing with the growth of the U.S. currency. To reduce the pressure on the national currency, the regulator on that day for the first time this year entered the foreign exchange market with intervention. As a result, it sold $79 million.