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The National Bank of Kyrgyzstan carried out its largest intervention in 2025
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Published

12/22/2025, 21:25

The National Bank of Kyrgyzstan carried out its largest intervention in 2025

Today, December 22, the National Bank of Kyrgyzstan conducted its eighth currency intervention this year. This time, it sold $179.5 million on the interbank market, according to data from the regulator.

According to published information, the National Bank of Kyrgyzstan sold $106.5 million with settlements on the transaction date and another $73 million with settlements other than the transaction date. This is the largest intervention this year.

The December intervention was the latest in a series of currency operations by the National Bank in the second half of the year. Earlier, the regulator entered the market with currency sales on December 5 ($83 million), as well as in November, September, and April, smoothing out fluctuations in demand for the dollar.

In 2025, the National Bank acted only as a currency seller, responding to increased demand from market participants. In total, it sold $853 million in eight interventions. Despite active interventions, the official dollar exchange rate remains at 87.45 som.


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