Euro and Ruble Depreciate in Kyrgyzstan as Dollar Holds Steady
The Kyrgyzstan National Bank set exchange rates for August 12, which show that the euro and ruble have decreased in value. The dollar remains at the same level as before. In commercial banks, some institutions saw a 10-tyiyns decrease in the price of the euro, while others kept their exchange rates unchanged.
The Kyrgyzstan National Bank sets daily exchange rates for major currencies, including the US dollar (USD), Euro (EUR), and Russian ruble (RUB). The current exchange rates are as follows: USD - 87.30/87.80, EUR - 100.50/101.50, RUB - 0.99/1.12.
The exchange rates in commercial banks vary slightly, with some institutions offering higher or lower rates for each currency. The AKB 'TOLUBAI' and JSC 'DEMIR KYRGYZ INTERNATIONAL BANK' have the same exchange rate of USD 87.30/87.80, while JSC 'BAKAY BANK' offers a higher rate of USD 87.40/87.80.