Yuan Hits Record High, Ruble Drops Significantly: Currency Rates on June 3

The Russian ruble has dropped over 1 percent in value, and the Kazakh tenge continues its decline, hitting a monthly low. Meanwhile, the US dollar holds steady, maintaining its position for the 17th consecutive business day. The Euro has seen a slight decrease of 0.12 percent.

The Chinese yuan, however, has set another all-time record, reaching a new peak for the month and surpassing its previous high. This marks a significant moment for the Chinese currency against the Kyrgyz som.

Data from the National Bank of Kyrgyzstan and Bishkek exchange bureaus show these currency fluctuations. The National Bank's official exchange rates indicate the ruble's fall to 1.2132 som and the tenge's dip to 0.1773 som. Despite the recent drop, the ruble's value remains at multi-year highs, last seen in mid-2022.

In its currency market operations, the National Bank of Kyrgyzstan conducted its sixth intervention of 2026 on April 16, selling $168 million. Year-to-date sales total $893.45 million. In contrast, the bank sold $853 million in 2025 and $655.72 million in 2023, with no dollar purchase operations in either year. In 2024, the bank conducted 26 operations, split evenly between buying and selling dollars.