The dollar exchange rate on the interbank market remained stable

During the week of May 19-23, the US dollar exchange rate on the interbank market remained at 87.45 KGS. Trading activity remained high, especially at the beginning of the week.

According to the National Bank, during the five working days, the dollar exchange rate for all transactions, both spot and forward, remained stable at 87.45 KGS per US dollar.

In total, banks bought $33.7 million at auction during the week. The highest trading volume was recorded on Monday, May 19, when the total volume of transactions amounted to $12.7 million, of which $7.5 million were spot transactions and $5.2 million were forward transactions. As the end of the week approached, trading activity gradually declined. On Friday, May 23, the total volume of transactions amounted to $3.8 million, of which only $300,000 were spot transactions.

The weekly results show no exchange rate volatility despite fluctuations in transaction volumes. Thus, the currency market remained stable.