Exchange Rate in Kyrgyzstan
Kyrgyzstan - Exchange RateThe economy shrank 1.6% year-on-year in January–July, following the 1.7% contraction logged in the first half of the year, pointing to marginally healthier economic conditions at the outset of Q3. The improvement likely came on the back of stronger private sector activity, amid a notably weaker drop in industrial output and a pickup in fixed investment growth in July. Conversely, household spending likely lost steam in the month, as evidenced by easing wholesale and retail sales growth, while nosediving exports point to waning foreign demand. On a brighter note, following a peak in mid-July, new daily Covid-19 infections have fallen markedly, which, coupled with a notable acceleration in the vaccination campaign in August, bodes well for activity ahead. Meanwhile, on 23 August, the IMF released around USD 240 million to Kyrgyzstan as part of its SDR allocations, which should boost FX reserves.
Kyrgyzstan - Exchange Rate Data
|Exchange Rate (vs USD)||76.83||69.56||69.00||69.85||69.66|
5 years of economic forecasts for more than 30 economic indicators.
Kyrgyzstan Exchange Rate Chart
|Exchange Rate||69.66||0.0 %||Jan 01|
|Stock Market||0.1||0.0 %||Jan 07|
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