Ruble and Tenge Continue to Depreciate After Growth. Exchange Rates as of December 10
Economy

Ruble and Tenge Continue to Depreciate After Growth. Exchange Rates as of December 10

Photo from the internet. The Kazakh tenge has collapsed, showing the maximum daily decline in December As of December 10, the official exchange rate of the euro, Russian ruble, and Kazakh tenge shows a decrease, while the Chinese yuan, on the contrary, has appreciated. The US dollar remains stable. This data was provided by the National Bank of Kyrgyzstan and exchange points in Bishkek. US Dollar:

10.12.2025, 08:57
Kyrgyzstan presented the third generation of the "Single Window" system at the WTO platform
Economy / Exclusive

Kyrgyzstan presented the third generation of the "Single Window" system at the WTO platform

At the World Trade Organization, a presentation of a new training course on 'Single Window' systems was held, created in collaboration with the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the World Bank. This event was attended by Nurbek Maksutov, Deputy Chairman of the UN Center for Trade Facilitation and Electronic Business (UNCEFACT) and a representative of the Ministry of Economy and Commerce of the Kyrgyz Republic, who delivered a speech.

10.12.2025, 08:38
Economy

Russia extended the validity of the simplified import regime for goods from Kyrgyzstan

According to information received from the Kremlin, President of Russia Vladimir Putin has signed a decree extending the simplified procedure for the import of goods by road transport from Kyrgyzstan and Kazakhstan. The preferential procedure will be in effect until December 25 inclusive. In the published document, available on the legal acts website, changes compared to the decree of October 24, 2025, No. 778 are specified, where the date of December 10 was previously indicated.

10.12.2025, 08:15
Economy

The NB KR fined a commercial bank tens of millions of soms

On December 5, the National Bank of Kyrgyzstan announced punitive measures against one of the commercial banks, resulting in a fine of 21.6 million soms. This fact was confirmed by the financial regulator. The basis for the fine was cited as violations in the area of legislation related to combating the financing of criminal activities and money laundering, as well as non-compliance with internal control standards, the NB KR reported.

10.12.2025, 08:03
Modernization of Electrical Networks in Bishkek: 10 Kilometers of New Cables Laid
Economy

Modernization of Electrical Networks in Bishkek: 10 Kilometers of New Cables Laid

Photo of the Bishkek Electric Networks Enterprise Work is actively underway in Bishkek to reconstruct and build new cable networks, marking a significant step in updating the city's energy infrastructure, according to information from the city’s electric network enterprise. Currently, over 10 kilometers of modern cable lines have been laid, including key sections in the "Dordoi" market area, where there is a high load on the electrical networks.

09.12.2025, 20:09
Tashkent and Baku Launch Joint Development of Oil and Gas Field
Economy

Tashkent and Baku Launch Joint Development of Oil and Gas Field

In the Ustyurt region of Karakalpakstan, work is starting on the exploration and extraction of mineral resources. The agreement for the joint implementation of this project was signed by "Uzbekneftegaz" and the Azerbaijani state oil company SOCAR. This was reported by the press service of the Ministry of Energy of Azerbaijan here.

09.12.2025, 18:38
Interest rate of 0.25% and a 2% discount on gold. The State Tax Service presented measures to support the jewelry industry.
Economy / Exclusive

Interest rate of 0.25% and a 2% discount on gold. The State Tax Service presented measures to support the jewelry industry.

The State Tax Service (STS) is developing initiatives aimed at the legalization and development of the jewelry industry. The Deputy Chairman of the Tax Service, Kubanychbek Ysabekov, spoke about these measures in an interview on Ala-Too LIVE. During the conversation, Ysabekov noted that a comprehensive package of measures is planned to facilitate access to raw materials and increase transparency in the jewelry sector.

09.12.2025, 17:30
Economy

New Capital Requirements Introduced for Securities Market Participants

The Cabinet of Ministers of the Kyrgyz Republic has approved a new regulation concerning the normative indicators necessary to ensure the adequacy of own funds for professional participants in the securities market. This document aims to strengthen the financial stability of organizations and enhance the competitiveness of the sector as a whole. In accordance with the new resolution, updated requirements for the minimum charter capital for companies operating in the securities market have been

09.12.2025, 17:15
The ruble stopped rising and depreciated, the euro became more expensive. Exchange rates as of December 9.
Economy

The ruble stopped rising and depreciated, the euro became more expensive. Exchange rates as of December 9.

Photo from the internet. The Russian ruble, having updated its annual maximum three times, has started to depreciate As of December 9 of the current year, there is a decrease in the official exchange rates of the Russian ruble, Kazakhstani tenge, and Chinese yuan, while the euro has appreciated. The US dollar remains at the same level, according to data from the National Bank of Kyrgyzstan and exchange points in Bishkek. US dollar exchange rate:

09.12.2025, 16:01
Economy

In southern Kyrgyzstan, papayas and mandarins are successfully grown, and lemons are processed.

Active development of the processing industry is observed in the Aravan district of the Osh region. Among other initiatives, there is a unique lemon-flavored factory operating here, which processes not only lemon juice but also the peel, producing jam on modern equipment. New technologies are already beginning to be implemented among local farmers, contributing to the creation of additional processing capacities, as reported by the press service of the Ministry of Agriculture. A consulting

09.12.2025, 15:28
Without a veterinary certificate, entry to the livestock market will be denied - State Veterinary Inspection
Economy

Without a veterinary certificate, entry to the livestock market will be denied - State Veterinary Inspection

The State Service for Veterinary and Phytosanitary Surveillance under the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic is conducting active raids and informational work at livestock markets and large agricultural enterprises. Specialists emphasize that bringing animals to the market without a veterinary certificate is unacceptable, as it significantly increases the risk of spreading infections.

09.12.2025, 15:01
The price of gold has fallen below $4,200 for the first time since early December.
Economy / Exclusive

The price of gold has fallen below $4,200 for the first time since early December.

During trading on the Comex exchange, which is part of the New York Mercantile Exchange, the price of February gold futures fell below the $4,200 mark per troy ounce for the first time since December 2, 2025. As of 09:10 Moscow time, the price of gold decreased by 0.44%, amounting to $4,199 per ounce. However, by 09:15 Moscow time, the decline slowed down, and the price increased to $4,202.2 per troy ounce (-0.37%).

09.12.2025, 12:27
Products of Batken gardeners enter new markets thanks to a new enterprise
Economy / Exclusive

Products of Batken gardeners enter new markets thanks to a new enterprise

In the Batken region, in the village of Samarkandek, a new enterprise has opened that processes fruits. According to information from the local administration, the production capacity of the enterprise allows for the processing of up to 2 tons of fruits daily. This initiative belongs to a local entrepreneur and includes several stages of processing: the fruits are first washed using special equipment, then dried, and packaged.

09.12.2025, 12:12
Economy

In Kyrgyzstan, full digitalization of the agricultural sector is being implemented

An important national project called "30+20+10" has been launched in the country, aimed at the complete digitalization of the agricultural sector. The Ministry of Water Resources, Agriculture, and Processing Industry has proposed to expand the previous concept of "3+2" by adding a new aspect related to the processing of agricultural products. The project includes the creation of a unified registry of farmers, where passport data, information about land plots, as well as data

09.12.2025, 11:27
Appointed Head of the Department of Chemicalization, Plant Protection, and Quarantine at the Ministry of Agriculture and Water Resources
Economy

Appointed Head of the Department of Chemicalization, Plant Protection, and Quarantine at the Ministry of Agriculture and Water Resources

Maksat Kocherov. Photo by the press service of the Ministry of Water Resources, Agriculture, and Processing Industry. The press service of the Ministry of Water Resources, Agriculture, and Processing Industry reported the appointment of Maksat Kocherov as the director of the Department of Chemicalization, Plant Protection, and Quarantine. This decision was made by the order of the Chairman of the Cabinet of Ministers, Adylbek Kasymaliev. It is noted that the appointment occurred upon the

09.12.2025, 11:27
Bakyt Torobaev familiarized himself with the activities of the automobile plant "Tulpar Motors"
Economy

Bakyt Torobaev familiarized himself with the activities of the automobile plant "Tulpar Motors"

Recently, Bakyt Torobaev, who holds the position of Deputy Chairman of the Cabinet of Ministers of the Kyrgyz Republic and Minister of Water Resources, Agriculture, and Processing Industry, visited the "Tulpar Motors" plant located in the Moscow district of the Chui region. During the visit, he familiarized himself with the processes taking place in production. The plant was officially opened on July 18, 2024, as part of an online event featuring the President of the Kyrgyz Republic

09.12.2025, 11:10
Economy

The Eurasian Development Bank Forecasts Record Economic Growth for Kyrgyzstan

According to forecasts from the Eurasian Development Bank, Kyrgyzstan's economy is expected to show record growth by the end of 2025. According to the bank's data, investments in fixed capital increased by 18.9% during the first ten months of the year. The key sectors contributing to this growth are water supply and sanitation, where investments rose by 110% compared to the previous year, as well as mining and manufacturing, each showing a growth of 60%.

09.12.2025, 10:49
Kazakhstanis Will Lose Access to Their Accounts Due to Pension Debts to the ENPF
Economy

Kazakhstanis Will Lose Access to Their Accounts Due to Pension Debts to the ENPF

With the introduction of the updated pension contribution control system in Kazakhstan, starting from January 1, 2026, citizens and entrepreneurs will face the possibility of their banking operations being suspended. This will occur if their debt exceeds 6 MRP, which corresponds to 25,900 tenge. Despite the strict wording, the authorities claim that such changes actually soften existing measures and reduce the burden on businesses, as reported by Lada.kz citing "Kursiv".

09.12.2025, 10:45
Exchange rates in commercial banks of Kyrgyzstan on December 9
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 9

Information about currency exchange rates has been collected from various commercial bank websites. If you have questions regarding the presented data, it is recommended to contact the banks directly. The data is current as of the time of publication. The indicated rates are intended for cash currency exchange and may change throughout the day.

09.12.2025, 10:37
In Kyrgyzstan, unified working conditions will be established for all sewing enterprises
Economy / Exclusive

In Kyrgyzstan, unified working conditions will be established for all sewing enterprises

In Kyrgyzstan, a new draft law is currently being developed that will create unified conditions for all sewing enterprises. This was reported by Kubanychbek Isabekov, Deputy Chairman of the State Tax Service, in an interview with Ala-Too LIVE. According to Isabekov, the implementation of new rules will equalize working conditions for all categories of seamstresses. It is expected that the insurance contributions will amount to 12% of the average monthly salary, which is approximately 40%,

09.12.2025, 10:26
Economy

Tax and Insurance Benefits are Being Prepared for the Sewing Industry: Clarification from the State Tax Service

In Kyrgyzstan, the development of a draft law is planned, which will create uniform conditions for all sewing enterprises. This was reported by the Deputy Chairman of the State Tax Service, Kubanychbek Isabekov, as stated by the press service of the STS. The deputy head of the agency noted that the new rules will help create equal conditions for all categories of seamstresses.

09.12.2025, 10:13
A Long-Term Program for the Development of Critical Minerals Adopted in Kyrgyzstan
Economy / Exclusive

A Long-Term Program for the Development of Critical Minerals Adopted in Kyrgyzstan

The Cabinet of Ministers of Kyrgyzstan has approved a long-term program aimed at developing the critical minerals sector until 2030. Resolution No. 783 was signed by the Prime Minister Adylbek Kasymaliev. The purpose of the document is to ensure sustainable economic growth, improve the investment climate in the mining sector, create modern value-added chains, and strengthen the country's resource security.

09.12.2025, 09:49
A New Commercial Bank Has Emerged in Kyrgyzstan
Economy / Exclusive

A New Commercial Bank Has Emerged in Kyrgyzstan

A new commercial bank named "Berekett Bank" has launched in the country, becoming the 22nd bank in the list of banks in Kyrgyzstan. This information was posted on the website of the National Bank. Jarkynbek Sagyndykov has been appointed as the chairman of the board of the new bank, as reported by the regulator.

09.12.2025, 09:30
Economy

Kyrgyzstan Wants to Use Azerbaijani Satellites

During his working visit to Azerbaijan, Bakyt Torobaev held a meeting with the acting chairman of the board of directors of the "Azercosmos" agency, Dunay Batirkhanov. According to the press service of the Cabinet of Ministers, the meeting discussed opportunities for cooperation in the fields of space technologies, satellite communications, and digital solutions. The Kyrgyz side expressed interest in utilizing Azerbaijani satellites for various needs, including communication,

09.12.2025, 08:51
Economy

Electricity imports from Russia decreased by 3.1 percent in Kyrgyzstan

According to data presented in the study by the Kazakh holding "Samruk-Energo," Kyrgyzstan has reduced its electricity imports from Russia. These results were collected based on statistics for the period from January to September 2025. As a result, the volume of electricity supplies from Russia decreased by 3.1 percent compared to the same period of the previous year. The total amount of incoming electricity was 244.9 million kilowatt-hours, provided by the Russian holding "Inter

09.12.2025, 08:28
Economy

Coal production is increasing in Kyrgyzstan

According to information provided by the National Statistical Committee, from January to October of the current year, the country produced 2 million 988.2 thousand tons of brown coal and 538.5 thousand tons of hard coal. At the same time, the volumes of brown coal production increased by 13.1% compared to the same period last year.

09.12.2025, 08:21
The ruble stopped rising and depreciated, the euro became more expensive. Currency exchange rates as of December 9.
Economy

The ruble stopped rising and depreciated, the euro became more expensive. Currency exchange rates as of December 9.

Photo from the internet. The Russian ruble, having reached a three-year high, has started to lose value As of December 9 of this year, the official exchange rates of the Russian ruble, Chinese yuan, and Kazakh tenge showed a decline, while the euro rate increased. According to data from the National Bank of Kyrgyzstan and exchange points in Bishkek, the US dollar has maintained its stability. US Dollar:

09.12.2025, 08:15
Economy

Kyrgyzstan asks Lithuania to inform about restrictions for freight carriers

During a telephone conversation between Meder Abakirov, the Deputy Minister of Foreign Affairs of Kyrgyzstan, and Audra Plepite, the Deputy Minister of Foreign Affairs of Lithuania, issues related to bilateral cooperation and the conditions necessary for Kyrgyz freight carriers to cross the Lithuanian border were discussed. This information was provided by the press service of the Ministry of Foreign Affairs of Kyrgyzstan. A representative of the foreign ministry emphasized the importance of

09.12.2025, 07:50