Exchange rates for December 4
Economy / Exclusive

Exchange rates for December 4

The official exchange rates that will be in effect on December 4, 2025, have been announced by the National Bank. 1 USD remains at 87.4500 soms; The euro (EUR) rate increased from 101.5382 to 101.8268 soms; The Russian ruble (RUB) also rose from 1.1256 to 1.1274 soms; The Kazakh tenge (KZT) grew from 0.1719 to 0.1735 soms; The Chinese yuan (CNY) went up from 12.3685 to 12.3790 soms. In commercial banks, the average buying rate for the American currency is 87.31 soms, while the selling rate is

04.12.2025, 08:45
Starting from 2026, banks in the Kyrgyz Republic will not be able to charge fees for international money transfers.
Economy / Exclusive

Starting from 2026, banks in the Kyrgyz Republic will not be able to charge fees for international money transfers.

On December 3, 2025, the Board of the National Bank of the Kyrgyz Republic approved a new regulation regarding fees for money transfers. According to this document, from January 1 to December 31, 2026, commercial banks and payment organizations will not be entitled to charge fees from recipients of international money transfers made within the territory of Kyrgyzstan without opening a bank account. This measure is aimed at protecting consumer rights and improving the accessibility of money

04.12.2025, 08:13
Kyrgyzstan and Pakistan Agree on Cooperation in Industry and Science
Economy

Kyrgyzstan and Pakistan Agree on Cooperation in Industry and Science

On December 3, 2025, a delegation from Kyrgyzstan, representing the interests of President Sadyr Japarov, made an official visit to Pakistan, which strengthened economic ties between the two countries. As a result of the visit, organized by the National Investment Agency, key industrial and scientific-technical facilities in Islamabad were explored.

03.12.2025, 22:13
Economy

The most expensive Fabergé egg in history sold at auction for $25.7 million

At Christie’s auction, the "Winter Egg" by Fabergé, which previously belonged to Nicholas II, was sold for an impressive $25.7 million. This was reported on the official Christie’s website. Until this moment, the most expensive Fabergé egg was considered to be the "Rothschild Egg," which was sold for $18.5 million in 2007 at the same auction.

03.12.2025, 21:35
Economy

The National Bank extends the ban on fees for money transfers without opening an account

From January 1 to December 31, 2026, commercial banks and payment systems are not allowed to charge fees to recipients of money transfers arriving in Kyrgyzstan through international systems if they do not open an account. This decision was approved by the Board of the National Bank of the Kyrgyz Republic today, December 3. In the explanation of the decision, it is stated that this measure is aimed at protecting consumer rights and improving access for the population to money transfers made

03.12.2025, 20:53
Kyrgyzstan and Pakistan Can Significantly Increase Trade Volumes
Economy / Exclusive

Kyrgyzstan and Pakistan Can Significantly Increase Trade Volumes

Kyrgyzstan and Pakistan have every chance to significantly increase the volume of mutual trade if effective logistics routes are developed, which will help reduce transportation costs. Experts emphasize that one of the central issues at the upcoming negotiations between Sadyr Japarov and Shahbaz Sharif will be the development of transit corridors. In 2024, the trade turnover between the two countries amounted to only 16 million dollars, which, by modern standards, seems quite modest. Political

03.12.2025, 17:19
Consul General Tentimishov in Yekaterinburg spoke about the cultural code of the Kyrgyz people
Economy / Exclusive

Consul General Tentimishov in Yekaterinburg spoke about the cultural code of the Kyrgyz people

On November 28, a panel session titled "Central Asia: A Bridge Between East and West. How the Cultural Code Shapes the Economy of the Future" took place in Yekaterinburg, featuring the Consul General of the Kyrgyz Republic, Maksat Tentimishov. This was reported by the Ministry of Foreign Affairs of Kyrgyzstan. This session was part of the IX All-Russian Forum "Cities of Russia: Technologies of Leadership," which was held on November 27-28.

03.12.2025, 16:59
Economy

In Kyrgyzstan, the production of safflower oil is increasing

New equipment for filtering safflower oil has been delivered to the Ak-Talinsky district from Turkey. This supply was made with the financial support of the UNDP project (UN Development Program), as reported by private businessman Akylbek Abdildaev. Currently, the price of one liter of safflower oil is 200 soms.

03.12.2025, 16:47
Ayaz Jarkynbaev: Kyrgyzstan Accelerates and Simplifies Access to Medicines
Economy

Ayaz Jarkynbaev: Kyrgyzstan Accelerates and Simplifies Access to Medicines

In early November, President Sadyr Japarov signed a law concerning changes in the regulation of pharmaceuticals and medical devices. This step is aimed at simplifying the registration process for a number of medications. Although the topic may seem important, many do not fully understand what exactly will change and how it will affect patients, doctors, and pharmaceutical manufacturers. Ayaz Zharkynbaev, the director of the Institute of Legislation and the Rule of Law under the Ministry of

03.12.2025, 16:19
The EU plans to launch a euro-pegged stablecoin in 2026
Economy / Exclusive

The EU plans to launch a euro-pegged stablecoin in 2026

A consortium of ten banks in Europe, including financial institutions such as UniCredit, Raiffeisen Bank International, and BNP Paribas, has announced the creation of a company called Qivalis to implement a euro-pegged stablecoin. The launch is expected to take place in the second half of 2026, as reported by RIA Novosti. In a press release, Qivalis emphasizes that the company plans to obtain all necessary licenses from regulators and is preparing to enter the market with a new digital payment

03.12.2025, 16:07
QR integration of "Elkart" with Alipay+: first test passed successfully
Economy / Exclusive

QR integration of "Elkart" with Alipay+: first test passed successfully

The national payment system "Elkart," presented by JSC "Interbank Processing Center," has successfully completed the first integration test with the international platform Alipay+. The testing took place at the Alipay+ office in Shanghai during the working visit of the chairman of JSC "IPC," Altymysh Turatbekov, to China. During the event, specialists conducted a verification of the payment scenario via QR code in the Alipay system. The successful execution of the

03.12.2025, 14:40
The State Financial Supervision has identified new online platforms with illegal lotteries - list
Economy / Exclusive

The State Financial Supervision has identified new online platforms with illegal lotteries - list

The Service for Regulation and Supervision of the Financial Market continues its activities to identify and combat illegal lotteries that are actively spreading on the internet. According to the agency, unscrupulous organizers offer various prizes, such as cars and significant cash amounts, under the pretext of "draws," misleading citizens and violating the law. These schemes pose a danger to the financial security of the population.

03.12.2025, 14:02
Economy / Exclusive

Women entrepreneurs in the Kyrgyz Republic can now obtain loans at 12 percent

Women entrepreneurs in Kyrgyzstan can now take advantage of loans with an annual interest rate of 12%. This has become possible thanks to the initiative of the Entrepreneurship Development Fund. According to the agency, loans are available for women working in the service and manufacturing sectors, as well as for legal entities where the share of women founders is at least 50%. The main goal of this program is to support businesses in the regions; however, residents of Bishkek and Osh are not

03.12.2025, 13:27
Bishkek Fair: Fresh Products, Knowledge, and the People's Microphone
Economy

Bishkek Fair: Fresh Products, Knowledge, and the People's Microphone

Every Saturday and Sunday, the central square of Bishkek transforms into a space for communication between farmers and the residents of the capital. The Bishkek agricultural fair becomes not only a place for selling fresh and organic products but also a platform for sharing experiences and cultural events.

03.12.2025, 11:50
The Rosselkhoznadzor is interested in supplies of products from Kyrgyzstan
Economy

The Rosselkhoznadzor is interested in supplies of products from Kyrgyzstan

Recently, a meeting took place in Moscow between Adilet Sotovaldiyev, the director of the Veterinary Service for the Development of Animal Husbandry, Pastures, and Feed under the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic, and Sergey Dankvert, the head of Rosselkhoznadzor. This information was provided by the press service of the Ministry of Agriculture of Kyrgyzstan.

03.12.2025, 11:20
A modern veterinary and sanitary laboratory will be opened in At-Bashi
Economy

A modern veterinary and sanitary laboratory will be opened in At-Bashi

The meeting with participants of the III People's Kurultai took place in the building of the At-Bashinsky District Administration. The press service of the Ministry of Agriculture of the Kyrgyz Republic reports that the meeting discussed the issues raised at the kurultai, as well as the activities of the Ministry in this district. One of the key points of the meeting was the discussion of a project aimed at ensuring food safety. The At-Bashinsky District Veterinary Administration has

03.12.2025, 10:56
Economy

More and more Kyrgyz citizens are imposing a self-ban on borrowing.

Starting from November 1 of this year, citizens of Kyrgyzstan have the opportunity to activate a self-ban on lending. According to information from the National Bank, from November 1 to 28, this mechanism was activated by 57,005 citizens through the mobile application "Tündük."

03.12.2025, 10:23
Economy

In Kyrgyzstan, the incomes of companies providing communication services are growing

In the first ten months of the current year, revenues from telecommunications services, including broadcasting and television, reached 32.5 billion soms, which is equivalent to approximately 372.2 million US dollars. This data was released by the National Statistical Committee. At the same time, revenues from postal and courier services amounted to only 1 billion 40.5 million soms, which is 8.1% less compared to last year.

03.12.2025, 10:12
After rapid growth, the ruble has stabilized. Exchange rates as of December 3.
Economy

After rapid growth, the ruble has stabilized. Exchange rates as of December 3.

Photo from the internet. The Chinese yuan continues to strengthen, setting new records for the year As of December 3 of this year, the exchange rates of the Chinese yuan and the Kazakh tenge have shown growth, while the euro has slightly decreased. The dollar and the Russian ruble remain stable, according to data provided by the National Bank of Kyrgyzstan and exchange points in Bishkek. US Dollar:

03.12.2025, 10:00
Uzbekistan and Afghanistan Resume Operation of the Termez - Hairaton Checkpoint
Economy

Uzbekistan and Afghanistan Resume Operation of the Termez - Hairaton Checkpoint

The operation of the Termez - Hairatan border crossing, linking Uzbekistan and Afghanistan, has been resumed for citizens of both countries. This was reported by the Chamber of Commerce and Industry of Uzbekistan. Photo from the Chamber of Commerce and Industry of Uzbekistan. Resumption of work at the Termez - Hairatan border crossing

03.12.2025, 09:45
Exchange rates in commercial banks of Kyrgyzstan on December 3
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 3

Information was gathered from the websites of various commercial banks. If you have any questions regarding the presented data, we recommend contacting the banks directly. This information is current as of the time of publication. The indicated rates are intended for cash currency exchange and may change throughout the day.

03.12.2025, 09:45
Economy

Car tinting brought nearly a billion soms to Kyrgyzstan's budget.

Since the beginning of the year until the end of October, the republic has received 925 million 935.5 thousand soms from payments for the tinting of the front door side windows of vehicles. This data was provided by the Ministry of Finance. The increase in revenue during this period amounted to 441.8 million soms, which is almost twice as much as in the same period last year.

03.12.2025, 08:58
Exchange rates for December 3
Economy / Exclusive

Exchange rates for December 3

As of December 3, 2025, the National Bank has presented new data on exchange rates. The US Dollar (USD) remains at 87.45 soms. The Euro (EUR) has slightly decreased to 101.5382 soms, compared to the previous value of 101.5688 soms. The Russian Ruble (RUB) has not changed and is at 1.1256 soms. The Kazakh Tenge (KZT) has strengthened from 0.1702 to 0.1719 soms. The Chinese Yuan (CNY) also showed a slight increase, rising from 12.3660 to 12.3685 soms. In commercial banks, the average purchase

03.12.2025, 08:54
Economy / Exclusive

Women entrepreneurs in Kyrgyzstan can now obtain loans at 12 percent.

The Entrepreneurship Development Fund has announced the launch of a loan program for women entrepreneurs with an annual interest rate of 12%. According to the fund, financing is available for women engaged in manufacturing and service activities, as well as for legal entities where women make up at least 50% of the founders. These funds are intended to support businesses in the regions; however, loans at the specified rate cannot be obtained in Bishkek and Osh.

03.12.2025, 08:22
Economy

In Kyrgyzstan, a commission of up to 1.5% has been introduced for receiving transfers in rubles.

Starting from December 1, organizations working with money transfers in Kyrgyzstan in Russian rubles will have the right to charge recipients up to 1.5% of the transfer amount. This became known thanks to the largest money transfer operator in the republic, Astrasend. It is important to note that this percentage is not the cost of the transfer itself, but represents an additional service fee set by the organizations making the payments. Transfers in US dollars are not subject to this new

02.12.2025, 22:20
Economy

The Debt of Countries to the UN Approaches $1.6 Billion

According to a report from the UN News Service, chronic delays in payments by member states to the United Nations budget amount to nearly $1.6 billion, negatively affecting its functionality. According to the UN, by the end of 2024, the amount of unpaid contributions reached $760 million, most of which remains unpaid. Additionally, the UN expects to receive $877 million for the year 2025. As a result, the total debt of countries is approximately $1.586 billion.

02.12.2025, 19:53
Economy

Construction of a solar power plant continues at Issyk-Kul

On December 1, 2025, an additional agreement to the investment agreement was signed at the Ministry of Energy of the Kyrgyz Republic. The event was attended by the Minister of Energy Talaybek Ibraev, representatives of Sonningdale Limited, and the management of OsOO "RECA". This signing marked a significant step in the implementation of the project for the construction and operation of a solar power plant in the village of Kyzyl-Oruk, located in the Toru-Aigyr rural district of the

02.12.2025, 17:45
The State Financial Supervision approved the scoring percentage for participants in the virtual assets market
Economy / Exclusive

The State Financial Supervision approved the scoring percentage for participants in the virtual assets market

The Financial Market Regulation and Supervision Service has announced the introduction of a new order "On the Approval of Interest Scoring for Participants in the Virtual Assets Market." This tool is intended to create a comprehensive risk-oriented system for assessing the performance of virtual asset service providers (VASPs). According to the agency, the developed "Risk Scoring Model" aims to enhance the transparency of financial operations, timely identify risks, and

02.12.2025, 17:12
Economy

The Ministry of Agriculture of Kazakhstan allocated a quota for a thousand migrants

Kazakhstan has begun the implementation of a new quota to attract labor migrants to rural areas. Deputy Minister of Agriculture Azat Sultanov announced that the quota will pertain to unskilled workers who will engage in construction, as reported by Informburo. Sultanov specified that a quota will be allocated for each region based on its needs.

02.12.2025, 16:51
A single supplier of AML/KYT services for PUVA has been determined
Economy / Exclusive

A single supplier of AML/KYT services for PUVA has been determined

The regulatory and supervisory authority for the financial market has announced the introduction of a new order regarding the selection of an AML/KYT service provider. This document, titled "On the Determination of the AML/KYT Service Provider and Ensuring Compliance with Customer Identification Requirements and Conducting AML/KYT Control," aims to strengthen oversight of transactions involving virtual assets and enhance transparency in the financial sector. According to information

02.12.2025, 14:44
Economy

The National Bank of Kyrgyzstan Tightens Rules on Payments and Combating Money Laundering

The National Bank of Kyrgyzstan has initiated a public discussion on a draft of amendments to several of its regulatory acts. These changes are aimed at combating the legalization of criminal income and financing of criminal activities in the payment sector. As part of the proposed project, amendments are planned in 15 resolutions of the Board of the National Bank of the Kyrgyz Republic, including rules related to money transfers, remote banking services, as well as the regulation of payment

02.12.2025, 14:04
Economy

The National Bank intends to strengthen control over credit unions in Kyrgyzstan.

The National Bank of Kyrgyzstan has announced its intention to increase control over the country's credit unions and the Joint Stock Company "Financial Company of Credit Unions" (FCCU). In this regard, a package of amendments to the regulatory acts concerning their activities has been presented. The proposed measures aim to improve ownership transparency, strengthen risk control, and prevent capital and lending concentration.

02.12.2025, 13:00
Exchange rates in commercial banks of Kyrgyzstan on December 2
Economy

Exchange rates in commercial banks of Kyrgyzstan on December 2

Information about exchange rates is provided from the websites of commercial banks. If you have any questions regarding this information, it is recommended to contact the banks directly. The information is accurate as of the time of publication. The rates presented pertain to cash currency exchange and may change throughout the day.

02.12.2025, 12:09
Economy

In Kyrgyzstan, 93 percent of feed has been prepared for winter

According to information announced on Radio Sputnik, the preparation of feed for the winter period in Kyrgyzstan has been completed, and its volume amounts to 93 percent of the required amount. The chief specialist from the Ministry of Water Resources, Agriculture, and Processing Industry, Sharshen Chotonov, shared this news on air. He also talked about the process of preparing feed for winter and future plans.

02.12.2025, 11:50
An alternative tunnel will be built at the Too-Ashuu pass
Economy / Exclusive

An alternative tunnel will be built at the Too-Ashuu pass

The National Investment Agency reported the signing of an agreement concerning a public-private partnership for the construction of the new "Kelechek" tunnel at the Too-Ashuu pass. The document was signed by the Ministry of Transport and Communications, as well as a consortium led by LLC "Tez Zhol".

02.12.2025, 11:42