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๐Ÿ‡ฐ๐Ÿ‡ฌ Kyrgyzstan /Economy & Trade

Euro Rises, Ruble Falls Sharply; Dollar Stable as Kyrgyzstan Reports Currency Rates

From 24.kg · () Russian

Translated from Russian, summarized and contextualized by DistantNews.

At a glance

News Official statement Context piece
  • The Euro continues to strengthen against the Kyrgyzstani Som, while the Russian Ruble is rapidly depreciating.
  • The US Dollar remains stable, while the Kazakhstani Tenge and Chinese Yuan have seen declines after recent gains.
  • The National Bank of Kyrgyzstan has conducted multiple currency interventions this year, primarily selling US dollars.

The currency market shows a mixed trend, with the Euro demonstrating consistent growth against the Kyrgyzstani Som, while the Russian Ruble experiences a sharp decline. The US Dollar is holding steady, maintaining its stability in the region.

Following a recent period of appreciation, the Kazakhstani Tenge and the Chinese Yuan have shifted to a downward trend. This fluctuation is reflected in the official exchange rates set by the National Bank of Kyrgyzstan and the rates offered by exchange bureaus in Bishkek.

The National Bank of Kyrgyzstan has been active in managing the currency, conducting its seventh intervention of the year on June 8 by selling $170.2 million. Year-to-date sales of US dollars now total over $1.06 billion. In 2025, the bank conducted eight interventions, selling $853 million, and has not engaged in buying operations. In 2024, the bank performed 26 operations, split evenly between buying and selling dollars, totaling $369.35 million purchased and $675.65 million sold. In 2023, the bank sold $655.72 million on the currency market.

As of June 29, 2026, the official exchange rates are: US Dollar at 87.45 Som (unchanged), Euro at 99.6843 Som (up 0.28%), Russian Ruble at 1.1523 Som (down 1.31%), Kazakhstani Tenge at 0.1797 Som (down 0.22%), and Chinese Yuan at 12.8603 Som (down 0.03%). Exchange bureaus in Bishkek show slightly different rates, reflecting market demand.

DistantNews Editorial

Originally published by 24.kg in Russian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.