The data is presented based on information collected from commercial bank websites. If you have any questions regarding the indicated rates, it is recommended to contact the banks directly. The data is relevant at the time of publication. Please note that currency exchange rates for cash transactions may change throughout the day.
In response to the sanctions imposed by Western countries against the Russian oil sector, Turkish refineries have started increasing oil purchases from alternative suppliers. This was reported by Reuters, citing its sources. Turkey, along with China and India, has traditionally been one of the major importers of oil from Russia.
According to information provided by the Eurasian Development Bank, trade volume between Central Asia and the Gulf States has increased fourfold. The EDB noted that their first macroeconomic and financial study covers the Gulf States.
The volume of gross domestic product of Kyrgyzstan amounted to 380.5 billion soms, which corresponds to an increase of almost 11 percent. This data was presented by the National Statistical Committee based on the results of the second quarter of 2025. Comparing with the same period last year shows that this indicator increased by 10.9 percent.
In Kyrgyzstan, meat continues to be quite an expensive product in the market, yet the demand for it does not decrease. Kaktus.media conducted a study to find out the current prices for sheep, cows, and horses, as well as the reasons why the cost of meat remains high. Currently, the livestock sales season is in full swing, lasting from August to November. This period coincides with numerous weddings and other celebrations, during which animals are traditionally slaughtered. Despite efforts to
The National Statistical Committee presented the results of the ranking based on five key indicators, including the number of employees, sales revenue, gross income, operating profit (or loss), and financial results. As of the end of 2024, the ranking included 32,759 enterprises from the real sector of the country.
Since the beginning of October, media reports have emerged about a significant increase in the number of trucks at the Kazakhstan-Russia border seeking to enter Russia. By mid-month, this number reached 7,000. Traffic jams have occurred not only at the border crossing points but also on access roads. According to the Ministry of Transport of Kazakhstan, this is related to the tightening of control by Russia. The time for cargo inspections has increased, and measures for document verification
This week in Bishkek, there has been an increase in prices for potatoes, tomatoes, cabbage, peppers, and milk. At the same time, rice, cucumbers, carrots, pears, bananas, and eggs have become cheaper. As a result, the cost of the minimum grocery set decreased by 69 soms, now amounting to 6,140 soms.
The Cabinet of Ministers of Kyrgyzstan has decided to exempt from customs duties the goods necessary for the implementation of the investment project for the construction and operation of a solar power plant with a capacity of 1.9 GW. The resolution signed by the Prime Minister aims to simplify conditions for investors.
The launch of the new plant is a significant step within the framework of the development program for the "Yoshlik I" deposit and aims to increase the production capacities of AGMK.
The bank is also co-founded by the former speaker of the Jogorku Kenesh. The new bank of Kyrgyzstan, named "Berekett Bank," was established by the youngest son of President Sadyr Japarov and Marat Sultanov, who previously held the position of speaker of the Jogorku Kenesh.
Where is it best for Kyrgyz citizens to invest their dollars and soms? A new building of the National Bank was opened in Bishkek. President Sadyr Japarov suggested that both commercial banks and citizens store gold in this institution.
A meeting of the board organized by the Ministry of Energy of the Kyrgyz Republic took place in Bishkek, where the results of the work of energy companies for the nine months of 2025 were summarized. High-ranking officials attended this meeting, including a representative of the president's office, Minister of Energy Talaybek Ibraev, as well as deputy ministers and heads of related sectors. As part of the project "Rehabilitation of the Toktogul HPP Phase No. 3," the installation
Sadyr Japarov, the President of Kyrgyzstan, has approved a draft law that amends a number of regulatory acts related to taxation. This was reported in a press release from the State Tax Service. According to the information from the service, the draft law proposes a strict ban on the use of equipment (including software and hardware devices) for business purposes to make payments via bank cards, electronic money, as well as through QR codes and other cashless payment methods registered to
On October 30, a meeting took place in Bishkek, attended by the Minister of Economy and Commerce of the Kyrgyz Republic, Bakyt Sydykov, and the First Deputy Minister of Economy of Azerbaijan, Elnur Aliyev. The meeting emphasized that cooperation between the two countries is actively developing within both bilateral and multilateral formats. The prospects for strengthening trade and economic ties were discussed, with a focus on activating the work of the Azerbaijan-Kyrgyz Development Fund.
The sixth meeting of the Azerbaijan-Kyrgyz Development Fund Council took place in Bishkek, chaired by Elnur Aliyev, the First Deputy Minister of Economy of Azerbaijan. The press service of the Ministry of Economy reported that representatives of the government structures of both countries also participated in the event. During the meeting, an investment project for the construction of a small hydroelectric power station was approved, which will have a capacity of 5.4 megawatts and will be
Today, a meeting of the Ministry of Energy took place in Bishkek, where the results of the energy companies' work for the first nine months of 2025 were summarized. According to the provided data, the total electricity consumption in the country amounted to 13.8 billion kWh, while domestic electricity production reached 11.3 billion kWh.
The National Bank has published the official exchange rates at the beginning of November 2025. Compared to the data from the previous day, there have been changes in most major currencies:
On October 30, at the opening of the reconstructed facility, Deputy Prime Minister Kamchybek Tashiev announced his plans to increase the salaries of employees at the wastewater treatment plant in Manas. During a conversation with the female employees, he inquired about their housing. All responded that they owned their homes, and some of them received apartments from the State Mortgage Company last year. After that, Tashiev clarified what their earnings were. The amounts ranged from 17,000 to
A new closed joint-stock company called "Berekett Bank" will be launched in the financial market of the Kyrgyz Republic. The board of the national regulator approved its establishment on October 10, 2025. According to the Ministry of Justice, the bank was registered on October 20, and it has no foreign participation.
At the event titled "New Architecture of Investment Policy: Partnership of the State, Business, and Investors," held on October 30 in Bishkek, participants discussed ways to improve law enforcement practices and create a more favorable investment environment for business in Kyrgyzstan. Beктурсун Кенжематов, head of the legal support department for investor protection at the National Investment Agency, presented an updated vision of investment policy, emphasizing the need for
A memorandum of cooperation has been signed between the National Agency for Investments, the Prosecutor General's Office, and the business community
In recent years, there has been active development of road infrastructure in Kyrgyzstan, funded by the state budget. The country's road sector is demonstrating rapid growth. Support from the state budget allows for the implementation of numerous large projects that have strategic significance. Improving the quality of both domestic and international roads contributes not only to economic growth but also to strengthening connections between regions, improving the conditions for
In Karakol, located in the Issyk-Kul region, there has been an increase in prices for beef, lamb, and horse meat over the past week, reports Turmush correspondent. The largest price hike has affected beef (meat from young cows), which now costs 700 soms per kilogram.
On the website sti.gov.kg in the "Knowledge Base" section and the "Useful Information" subsection, taxpayers can find information about the average monthly salary by regions and cities of the country, as well as download the attached document.
As of October 31, the exchange rates set by the National Bank of Kyrgyzstan are as follows: The dollar remains at 87.45 soms, while the euro and the ruble have slightly decreased in value.
In Bishkek, a National Investment Dialogue took place, gathering representatives from the government, the prosecutor's office, the financial sector, and business to discuss new approaches to Kyrgyzstan's investment policy. One of the most significant events of the meeting was the signing of a memorandum of cooperation between the National Investment Agency under the President of the Kyrgyz Republic, the General Prosecutor's Office, and representatives of the business community.
President of the Kyrgyz Republic Sadyr Japarov has signed a law regarding the ratification of Additional Agreement No. 1 to the Loan Agreement with the European Bank for Reconstruction and Development (EBRD). This agreement pertains to the project for the "Rehabilitation of Water Supply Systems in the Local Self-Government Bodies of Myrza-Ake, Don-Bulak, and Kurshab." As a result of this document, 2.25 million euros will be allocated, of which 1.5 million euros will be received in
This information was gathered from the websites of commercial banks. If you have any questions regarding the specified data, it is recommended to contact the banks directly. The indicated rates are valid at the time of publication. Please note that rates for cash exchange may change throughout the day.
A meeting of the presidential representative office took place in the Osh region. As reported by a Turmush correspondent, on October 31, the results of work for the past nine months will be discussed at this meeting. Among the participants are the akims of seven districts, heads of various departments and organizations, heads of ayil okmotu, and representatives of law enforcement agencies.
The Cabinet of Ministers of the Kyrgyz Republic has approved funding for new digital initiatives in the field of transport and communications, making the necessary amendments to the resolution. According to the new decision, the Ministry of Transport and Communications will receive the following funds:
The President approved the agreements According to the signed Law, Sadyr Japarov ratified Additional Agreement No. 1 to the Loan Agreement concluded on May 23, 2019, between the Kyrgyz Republic and the European Bank for Reconstruction and Development. This agreement pertains to the project "Rehabilitation of Water Supply Systems in the Local Self-Government Bodies of Myrza-Ake, Don-Bulak, and Kurshab," as well as the Grant Agreement signed on April 14, 2025, in Bishkek, regarding the
Sadyr Japarov, the President of Kyrgyzstan, signed a decree that officially establishes the open joint-stock company "Eldik Bank" as the successor to the traditions of the amanat (savings) business that originated in the country in 1925. This document emphasizes that the main goal of this decision is to preserve the historical heritage of Kyrgyzstan and to promote the strengthening of a culture of financial responsibility and thrift among citizens.
Sadyr Japarov, the president of the country, has signed a new law "On Consumer Credit," aimed at streamlining the process of issuing and repaying loans. The document also aims to enhance the level of protection for borrowers and improve the transparency of lending conditions. This law will come into effect 10 days after its signing.
The Ministry of Finance has announced the issuance of preferential loans to farmers in Kyrgyzstan totaling 4 billion soms. As part of the "Agricultural Financing" initiative (AF-13), 6,487 agricultural producers have gained access to these funds.
At the KyrgyzTransLogistic 2025 exhibition taking place in Bishkek, representatives of freight carriers proposed the initiative to abolish the visa regime with China to improve logistics processes.
The President of the Kyrgyz Republic, Sadyr Japarov, signed the Law "On the Ratification of Additional Agreement No. 1 to the Loan Agreement dated May 23, 2019, with the European Bank for Reconstruction and Development, concerning the project 'Rehabilitation of Water Supply Systems in the Local Self-Government Bodies of Myrza-Ake, Don-Bulak, and Kurshab.' The grant related to investments from the Special Shareholders Fund of the EBRD, signed on April 14, 2025, in Bishkek, has
As of October 31, 2025, the National Bank presented the current exchange rates. The exchange rate of the US dollar remained stable at 87.45 soms.
According to the latest data presented by the National Bank of Kyrgyzstan and exchange points in Bishkek, the US dollar has not changed its value, while the euro and Russian ruble have depreciated again. In contrast, the Kazakh tenge continues to strengthen. US Dollar:
Almambet Shykmamatov, the Chairman of the State Tax Service of the Kyrgyz Republic, visited the city of Kahramanmaraş in Turkey at the invitation of the rector of the Kyrgyz-Turkish University "Manas," Alpaslan Jaylan. During this trip, he familiarized himself with the jewelry sector of the region, which is known for its craftsmanship traditions, modern technologies, and production capacities. Kahramanmaraş is considered one of the main centers of jewelry production in Turkey.
On the morning of October 31, the exchange rates for foreign currency at the Moskovsky Sovet exchange points are as follows:
As reported by Reuters, the assets of "Rosneft" in Germany, including Rosneft Deutschland GmbH and RN Refining & Marketing GmbH, are currently under state control. This step was taken following the onset of Russia's full-scale invasion of Ukraine. October became the month when the U.S. imposed sanctions against "Lukoil" and "Rosneft," as well as their subsidiaries. However, an exemption is in place for the company's German assets, effective until
Photo 24.kg Starting from November 1, 2025, citizens of the Kyrgyz Republic will have the opportunity to voluntarily limit the issuance of loans and borrowings in their name. This innovation makes Kyrgyzstan the first country in Central Asia to implement such a mechanism. At a press conference held at the National Bank, Deputy Chairman Bektur Aliyev emphasized the relevance of this initiative in light of the increase in fraud in the online lending sector. In October of this year, over 200
In Toktogul, located in the Toktogul district, the process of selecting a contractor for the completion of the major repairs and reconstruction of the E. Osmonov Stadium has begun. This is reported on the state procurement portal, which indicates that the procurement method is unrestricted. The total amount allocated for the work is 30 million 465 thousand 965 soms.
From January to September 2025, 10,993 residential buildings were completed in Kyrgyzstan, with a total area of 1,274.5 thousand square meters. This is 30% more than in the same period of 2024, according to data from the National Statistical Committee. Investments in fixed capital for housing construction during this period amounted to approximately 103.5 billion soms, which is 80% higher than last year's level.
In an interview with the "Kabar" agency, President Sadyr Japarov commented on the current state of debts in the country's energy sector. He reminded that at the beginning of 2021, the total debt of the industry reached 137 billion soms, which is equivalent to approximately 1.5 billion dollars.
The Kyrgyz State Tax Service (GNS) and the Kyrgyz-Turkish University "Manas" have decided to join efforts to develop the jewelry industry in the country. During his working visit to the Turkish city of Kahramanmaraş, GNS Chairman Almambet Shykmamatov met with the university rector Alpaslan Ceylan. He also had the opportunity to familiarize himself with the activities of local jewelry enterprises, which represent one of the key production centers in Turkey, where traditional
In just one week, thanks to the new method of paying customs duties through QR codes, 40 million soms were received in the state treasury. This was stated by Almaz Saliev, the chairman of the State Customs Service of Kyrgyzstan, on the air of Birinchi radio. He noted that a digital system was developed in collaboration with "Eldik Bank" to simplify the process of paying customs duties.