Kyrgyzstan’s gross international reserves have once again reached a historic high, totaling $5.19 billion by the end of January 2025, according to data from the National Bank of Kyrgyzstan, Economist.kg reports.
According to the regulator, reserves increased by $102.78 million (or 2.02%) in January 2025, compared to December 2024, when the figure stood at $5.08 billion.
The year-on-year growth is even more remarkable: over the past year, reserves grew by $1.87 billion, marking a 56.66% increase compared to January 2024 ($3.31 billion).
The long-term trend is even more positive. Over five years, since January 2020, when reserves stood at $2.43 billion, their volume has more than doubled, increasing by 113.45% (or $2.75 billion).
Gross international reserves enable the regulator to effectively:
- Maintain exchange rate stability of the national currency through foreign exchange interventions.
- Finance balance of payments deficits, ensuring the fulfillment of international financial obligations.
- Reduce economic vulnerability to external shocks, providing resources for adaptation to global economic challenges.
CentralAsianLIGHT.org
February 10, 2025