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    • Kyrgyzstani Som (KGS)

Kyrgyzstani Som (KGS) Newsletter
  • Kyrgyzstan to launch digital som, monitors digital currency situation in other countries 14 Dec 2024 07:49 GMT

    Kyrgyzstan to launch digital som, monitors digital currency situation in other … the National Bank of Kyrgyzstan said. The National Bank … the first retail digital currency projects in Europe. A … field of digital currency. In Kyrgyzstan, the digital som will be …

  • Main investors in economy of Kyrgyzstan – RKDF, EDB and EBRD 12 Dec 2024 08:32 GMT

    … in the economy of Kyrgyzstan are the Russian-Kyrgyz … of projects financed in Kyrgyz som amounted to 22 percent. … of projects with a multi-currency financing structure is 11  … by international financial organizations in Kyrgyzstan has amounted to about $ …

  • Kyrgyzstan advances plans for national digital currency: report 11 Dec 2024 15:19 GMT

    The digital som, Kyrgyzstan’s future national virtual currency, moved closer to reality … central bank digital currency initiatives that emphasize blockchain, Kyrgyzstan’s draft law … The digital som is slated for full integration into Kyrgyzstan’s financial …

  • Parliament’s Committee approves bill on status of digital som 10 Dec 2024 11:06 GMT

    … Legislation of the Parliament of Kyrgyzstan approved the bill on amendments … of the national digital currency — the digital som — in the first reading …  the prototype of the national currency «digital som», to create a legal …

  • EDB forecasts som exchange rate at 87-90 per $1 in 2025 06 Dec 2024 11:00 GMT

    … , by Ilya PETCHENKO The som exchange rate is forecast at … . Strengthening of the national currency will be facilitated by the …  gradual weakening of the som exchange rate is forecast due … difference in inflation rates between Kyrgyzstan and partner countries in  …

  • Kyrgyzstan's Economic and Strategic Landscape 25 Nov 2024 17:48 GMT

    … bond issued in Kyrgyzstan’s currency, the Kyrgyzstani Som (KGS). … rankings and indicators. Kyrgyzstan offers several investment … and mining investments​ Kyrgyzstan economic advantages & … provide growth opportunities. Kyrgyzstan economy Key Challenges …

  • Kyrgyzstan's National Bank Cancels Commissions For Transfers Through Mobile Applications 25 Nov 2024 08:59 GMT

    … Trend News Agency) BISHKEK, Kyrgyzstan, November 25. The National … Bank of Kyrgyzstan has temporarily canceled the … in the national currency, the som, including transfers to … September 2023. Specifically, Kyrgyzstan received $274.3 million …

  • Ministry of Finance plans to issue digital currency in 2025 — Cabinet Chairman 07 Nov 2024 19:58 GMT

    … of Finance of Kyrgyzstan will issue a digital currency. The Chairman … it could be a currency backed by the gold and … of the national digital currency — digital som, as well as to … purpose of introducing cryptobanks in Kyrgyzstan, which, as an entrepreneurial …

  • ADB issues first Kyrgyz som-denominated bond to support MSEs growth and gender equality  08 Nov 2024 10:11 GMT

    … ($5 million) for Kyrgyzstan’s economic developmentSource: Google … commitment to providing local currency financing across its … Kyrgyz som bond further expands our local currency footprint … Portfolio Manager at Record Currency Management, expressed pride in …

  • Kyrgyzstan Hammering Out Implementation Of Digital Currency With IMF 23 Oct 2024 13:14 GMT

    … implementation of a digital som (the currency of Kyrgyzstan), Trend reports. The issue … for the digital som is planned to launch in Kyrgyzstan in 2027 … . The digital som will represent the national currency in …

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