BISHKEK, Kyrgyzstan, January 13. Kyrgyzstan's gross international reserves reached $3.236 billion at the end of December 2023, Trend reports.
Data from the National Bank of the country indicates that, in December 2022, gross international reserves amounted to $2.798 billion.
In terms of the liquid part of the reserves, it exceeded $3.16 billion as of the end of December 2023. For comparison, it was $2.718 billion in December 2022.
|
Month of 2023 |
Gross reserves |
Liquid part of reserves |
|
January |
$2.749 billion |
$2.668 billion |
|
February |
$2.545 billion |
$2.465 billion |
|
March |
$2.489 billion |
$2.411 billion |
|
April |
$2.338 billion |
$2.259 billion |
|
May |
$2.408 billion |
$2.331 billion |
|
June |
$2.439 billion |
$2.363 billion |
|
July |
$2.529 billion |
$2.453 billion |
|
August |
$2.537 billion |
$2.462 billion |
|
September |
$2.629 billion |
$2.555 billion |
|
October |
$2.834 billion |
$2.760 billion |
|
November |
$3.062 billion |
$2.987 billion |
|
December |
$3.236 billion |
$3.160 billion |
The National Bank uses these reserves to uphold the purchasing power of the national currency, maintain price stability, ensure financial stability, and other. In 2023, the bank conducted fourteen interventions, selling foreign currency amounting to $655.72 million.