Market Crash. How Much the Gold Bars of the National Bank of Kyrgyzstan Have Lost in Value
Economy

Market Crash. How Much the Gold Bars of the National Bank of Kyrgyzstan Have Lost in Value

Photo of the National Bank of the Kyrgyz Republic. Gold bullion bars At the end of last week, there was a sharp crash in the international precious metals market, which became one of the most significant in recent times. The total capitalization of the sector fell by more than $7 trillion in just 36 hours. The price of gold, usually considered a reliable asset, decreased by 13.6 percent, causing the price per ounce to drop below $4,900, which led to a reduction in the capitalization of this

02.02.2026, 10:35
Exchange rates in commercial banks of Kyrgyzstan as of February 2
Economy

Exchange rates in commercial banks of Kyrgyzstan as of February 2

Information is collected from the official websites of commercial banks. For clarification of information, it is recommended to contact the banks directly. Data is current as of the time of publication. Exchange rates may change during the working day. The official exchange rate of the National Bank of the Kyrgyz Republic and currency rates in exchange offices in Bishkek are available here.

02.02.2026, 10:26
Economy

The Ministry of Agriculture reported on the condition of pastures and the fight against the bush of caragana in the Susamyr Valley

In Kyrgyzstan, a special methodological guide has been developed for assessing the condition of pastures, which will allow for the rapid identification of degradation processes. This was reported by Natalia Kilyazova, head of the pasture and feed department at the Kyrgyz Scientific Research Institute of Animal Husbandry and Pastures, on the radio. Kilyazova noted that organizations such as Kyrgyzpasture, the Institute of Pastures and Forage, and the Veterinary Service of Pastoral Agriculture

02.02.2026, 10:18
Tajikistan Increased Electricity Exports by One Third in 2025
Economy

Tajikistan Increased Electricity Exports by One Third in 2025

By the end of 2025, Tajikistan demonstrated impressive growth in its energy sector, increasing electricity exports to 5.356 billion kWh. The main sources of foreign currency revenue came from trade with three neighboring countries: Afghanistan, Uzbekistan, and Kyrgyzstan. As a result of this trade, the republic earned 97.3 million dollars (913 million somoni).

02.02.2026, 10:17
Economy

The Cabinet transferred 31 hectares of land to the Balıkçı city administration for municipal ownership.

- The decision to transfer a land plot of 31 hectares located in Ak-Chiy in the northwestern part of Balakchy was made by the Cabinet of Ministers. The signing of the relevant order took place on January 22, 2026. Previously, this plot, with identification code 2-07-07-0010-1321, was state-owned and will now be transferred to the municipal balance through the State Agency for Management of State Property.

02.02.2026, 10:10
Meat Without Intermediaries and Honey to Europe: Torobaev Inspected the Fair
Economy

Meat Without Intermediaries and Honey to Europe: Torobaev Inspected the Fair

At the fair, the minister not only familiarized himself with the range of products but also analyzed the problems faced by local producers. While walking through the trading rows, he paid special attention to beekeepers, inquiring about their readiness to export honey to European Union countries, which is now officially available for Kyrgyzstan. During a conversation with a farmer from Batken, who brought dried fruits at reasonable prices, Torobaev discussed issues of deep processing and the

02.02.2026, 09:59
Economy

Agricultural machinery for reclamation purchased for $2.5 million will be provided on leasing terms, - Ministry of Agriculture

The Deputy Prime Minister of the Kyrgyz Republic and Minister of Water Resources, Agriculture, and Processing Industry Bakyt Torobaev visited the State Enterprise "Kyrgyzmamasyltukumzavod," located in the village of Frunze in the Sokuluk district, as reported by the press service of the Ministry of Agriculture. During the visit, Torobaev familiarized himself with the processes of implementing reclamation technologies aimed at restoring degraded agricultural lands, as well as with the

02.02.2026, 09:45
Economy

"Rosatom Aims to Implement 3D Technologies in Kyrgyzstan's Hydropower Industry"

The corporation "Rosatom" intends to implement additive technologies in the field of hydropower in Kyrgyzstan. This was reported by the company's press service. Currently, an agreement has already been signed, which includes the development of equipment for both new and existing hydropower facilities using 3D printing. The cooperation envisions a wide range of interactions—from joint work on pre-project and project documentation to the supply of necessary equipment and its

02.02.2026, 09:05
Modern irrigation technologies are being implemented in the Chui region to restore arable land
Economy / Exclusive

Modern irrigation technologies are being implemented in the Chui region to restore arable land

Minister of Water Resources, Agriculture, and Processing Industry Bakyt Torobaev conducted a working trip to the village of Frunze in the Sokuluk district, where he became acquainted with the implementation of innovative irrigation technologies aimed at restoring degraded lands. During the visit, he also studied the use of modern agricultural equipment at the State Enterprise "Kyrgyzmamasyltykumzavod". According to the Ministry of Agriculture, the operation of a unit designed for

02.02.2026, 09:04
"Kygryzindustriya": What Happened to the Holding Companies Over Four Years
Economy

"Kygryzindustriya": What Happened to the Holding Companies Over Four Years

"Kyrgyzindustry" was founded in 2022 with a charter capital of 1 billion soms. In the same year, the government transferred the production facilities of the Bishkek stamping plant to it to assist in modernization and effective asset management. Given the loud promises, significant budget support, and government orders, it seemed that the conditions for the successful operation of the company were created. However, the reality turned out to be different: information about the holding

02.02.2026, 08:58
The ruble has noticeably strengthened, the euro is getting cheaper. Exchange rates as of February 2.
Economy

The ruble has noticeably strengthened, the euro is getting cheaper. Exchange rates as of February 2.

Image from the internet. In recent days, the exchange rate of the Russian ruble has shown instability — it strengthens and weakens alternately. According to data provided by the National Bank of Kyrgyzstan and exchange points in Bishkek, the official exchange rate of the Russian ruble and the Kazakh tenge has increased, while the euro and the Chinese yuan have seen a decline. The exchange rate of the dollar remains stable. US Dollar: Euro: Russian Ruble: Kazakh Tenge: Chinese Yuan:

02.02.2026, 08:41
Economy

A tariff exemption on the import of raw materials for sugar production has been granted to Kyrgyzstan.

Kyrgyzstan has been granted a tariff exemption for the import of raw materials necessary for sugar production. This information was announced by the Ministry of Water Resources, Agriculture, and Processing Industry. The decision to provide the exemption was made at a meeting of the Eurasian Economic Commission Council held in Moscow. Now, Kyrgyzstan will be able to import 20,000 tons of raw cane sugar without paying import duties until the end of 2026. This decision is aimed at supporting

02.02.2026, 08:17
Exchange rates for February 2
Economy / Exclusive

Exchange rates for February 2

The website valuta.kg has published the current exchange rates for foreign currencies that are in effect at exchange offices and commercial banks in the country. As of February 2, the currency rates in the capital of Kyrgyzstan, Bishkek, are as follows: US dollar — 84.34 soms (buy) and 87.79 soms (sell); 1 euro — 103.30 soms (buy) and 104.28 soms (sell); 1 Russian ruble — 1.136 soms (buy) and 1.172 soms (sell); 1 Kazakh tenge — 0.1444 soms (buy) and 0.1824 soms (sell); 1 Chinese yuan — 12.30

02.02.2026, 08:13
"30+20+10" Opens New Horizons for Fruit Processing in Kyrgyzstan
Economy

"30+20+10" Opens New Horizons for Fruit Processing in Kyrgyzstan

The "30+20+10" strategy aims to develop the processing industry, which will become a key link between local producers and global markets. In this regard, the Department of Processing and Organic Agriculture has initiated an inspection of the facilities of "Noigut and Co," which plans to take a leading position in the region in the drying and deep processing of fruits and berries.

02.02.2026, 07:37
Economy

In January–November 2025, Kyrgyzstan halved its barley imports

- From January to November 2025, Kyrgyzstan significantly reduced its barley imports, which amounted to only 11 thousand tons worth 1.6 million dollars. This data was provided by the National Statistical Committee. Compared to the same period in 2024, when 23.5 thousand tons were imported for a total of 3.5 million dollars, this reduction is 50%.

01.02.2026, 21:25
In the Sokuluk District, technologies for restoring degraded lands are being implemented
Economy

In the Sokuluk District, technologies for restoring degraded lands are being implemented

In the Sokuluk district, in the village of Frunze, Deputy Prime Minister Bakyt Torobaev visited the state enterprise "Kyrgyzmamasyltukumzavod." During his visit, he familiarized himself with new reclamation methods aimed at restoring degraded arable land, as well as the use of modern agricultural equipment. This was reported by the press service of the Ministry of Water Management and Agriculture. As part of the demonstration at the enterprise, a deep soil loosening machine (chisel)

01.02.2026, 20:38
Economy

In January–November 2025, Kyrgyzstan reduced fruit imports by 11%

- According to data from the National Statistical Committee, from January to November 2025, Kyrgyzstan significantly reduced fruit imports by 11%. In the first 11 months of 2025, the republic imported 5,400 tons of fresh fruits worth 4.4 million dollars. This showed a decrease compared to the same period in 2024, when the import volume was 6,000 tons worth 4.6 million dollars.

01.02.2026, 19:26
Economy

In January–November 2025, Kyrgyzstan increased citrus fruit imports from China by 38%

- According to the National Statistical Committee, from January to November 2025, Kyrgyzstan significantly increased the volume of citrus fruit imports from China, which grew by 38%. During this period, the country purchased 18,300 tons of citrus fruits, amounting to 13.6 million dollars. This is compared to 2024, when 13,000 tons were imported for a total of 9.6 million dollars, demonstrating a notable increase.

01.02.2026, 18:46
Economy

In January–November 2025, Kyrgyzstan increased banana imports from Ecuador by 4%

- In January-November 2025, Kyrgyzstan increased its banana imports from Ecuador by 4%, according to information provided by the National Statistical Committee. During the first 11 months of the current year, the country imported 30,000 tons of bananas, with a total value of $23.7 million. This is 4% more than in the same period of 2024, when 29,000 tons were imported for $20 million.

01.02.2026, 18:38
Economy

Trade Imbalance: Excess of Imports Over Exports Pressures the Somali Shilling, — Economist

- Ulukman Mamatov, an economist, reported on air that the chronic trade balance deficit of Kyrgyzstan is putting significant pressure on the som exchange rate. He noted that the main problem lies in the economic policy of the state, rather than in the actions of the National Bank. “We import much more than we export: we bring in expensive goods, while we mainly export gold and products with low added value. There is virtually no high-tech products for export, which creates pressure on the som

01.02.2026, 18:37
Economy

In January–November 2025, Kyrgyzstan increased grape imports from China by 64%

- According to data from the National Statistical Committee, from January to November 2025, Kyrgyzstan increased its import volume of grapes from China by 64%. In the first 11 months of the current year, the country imported 28,3 thousand tons of grapes, amounting to 17.2 million dollars. This significantly exceeds the figures for the same period in 2024, when 17 thousand tons were imported for a total of 12 million dollars.

01.02.2026, 18:21