The NBKR explained whether fluctuations in world gold prices have an impact.

Марина Онегина Economy / Exclusive
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At the meeting of the Jogorku Kenesh Committee on Finance, Budget, Entrepreneurship, and Competition Development, Deputy Dastan Jumabekov raised the question of how changes in global gold prices affect the operations of the National Bank of Kyrgyzstan.
In response, the Deputy Chairman of the NBKR, Melis Attokurov, noted that fluctuations in gold prices on international markets do not significantly impact the bank's activities. "We rely on our own tools, and price changes do not affect our operations," he added.
Deputy Umbetaly Kydyraliev also inquired about what percentage of the NBKR's income is generated from gold sales. Attokurov explained that revenues from the sale of this metal account for approximately 20%–25% of the total volume.
Furthermore, he emphasized that gold sales are conducted in accordance with the fixing on international exchanges.
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