International Reserves in Kyrgyzstan
Kyrgyzstan - International ReservesThe economy expanded 1.6% in annual terms in January–October, accelerating from the 0.1% rise tallied in January–September. The upturn was largely attributed to a strong expansion in wholesale and retail sales, while a softer decline in fixed investment and construction output benefited the reading. Less positively, reports of lower-than-originally-planned mining output from the Kumtor mine for June–September, due to mismanagement, rings alarm bells for output of gold—the country’s key commodity—ahead. Turning to Q4, although available data is scarce, the severe drought in the region will be hurting agricultural output, while persisting power outages are bound to be hindering activity. In politics, on 28 November the country elected its new parliament. Following the constitutional change earlier in the year, the new parliament is likely to have a limited impact on economic policy.
Kyrgyzstan - International Reserves Data
|International Reserves (EUR)||1.6||1.9||1.8||1.9||2.2|
5 years of economic forecasts for more than 30 economic indicators.
Kyrgyzstan International Reserves Chart
Source: National Bank of the Kyrgyz Republic
|Exchange Rate||69.66||0.0 %||Jan 01|
|Stock Market||0.1||0.0 %||Jan 07|
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