Kyrgyzstan's international reserves reached historic high in January

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As of January 2024, Kyrgyzstan's gross international reserves reached a historic high of $3.3135 billion, according to the National Bank of Kyrgyzstan, Akchabar reports.

Previously, the highest reserves were recorded in December of the previous year, reaching $3.2365 billion.

The liquid part of the reserves at the end of January 2024 exceeded $3.2385 billion. In the same period of 2022, it was $2.6752 billion.

The National Bank of Kyrgyzstan utilizes reserves to maintain the purchasing power of the national currency, price stability, financial stability, and to service the government's foreign currency obligations.

CentralasianLIGHT.org

February 9, 2024