He noted that the interbank benchmark interest rate BIR is at a level close to the lower boundary of the National Bank's interest rate corridor, indicating a high level of liquidity in the banking system.
Stability is observed in the domestic foreign exchange market, as the balance between supply and demand for foreign currency remains stable.
However, fluctuations in energy prices in the region and rising global food prices, as well as inflationary pressures felt in Kyrgyzstan's main trading partners, continue to affect the prices of imported goods.
“All these factors indicate the likelihood of a prevailing pro-inflationary background in the near future, which necessitates the current tightening of monetary conditions. At the same time, domestic inflationary factors remain relatively stable and under control,” he added.
