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Ruble and Tenge Continue to Appreciate Against the Som. Currency Exchange Rates for January 22
Economy

Ruble and Tenge Continue to Appreciate Against the Som. Currency Exchange Rates for January 22

Photo from the internet. The dollar has stabilized again after slight fluctuations at the level it consistently maintained in 2025 As of January 22 of the current year, the official exchange rates of the Russian ruble and the Kazakh tenge have shown an increase, while the euro and the Chinese yuan have demonstrated a decrease. The dollar rate remained unchanged. This data is provided by the National Bank of Kyrgyzstan and exchange offices in Bishkek. US Dollar Rate:

22.01.2026, 08:58
Economy

Tajikistan increased exports to Kyrgyzstan by 19 times

According to the data from the Customs Service of the Republic of Tajikistan, exports to Kyrgyzstan increased 19 times. In 2024, the volume of goods supplied to Kyrgyzstan amounted to only $475 thousand, while in the previous year this figure reached $9 million. Experts emphasize that Kyrgyzstan is the only country in the EAEU that shares a common border with Tajikistan, and they note the stable growth of trade turnover between the two countries after the signing of the peace agreement and the

22.01.2026, 08:55
Exchange rates for January 22
Economy / Exclusive

Exchange rates for January 22

The National Bank has presented the current exchange rates for foreign currencies as of January 22, 2026. According to information from the regulator, the exchange rate of the US dollar remained stable, while the euro and Chinese yuan slightly decreased in value. At the same time, the Russian ruble and Kazakh tenge showed a slight increase.

22.01.2026, 08:22
A Chinese company plans to invest in the construction of a multifunctional complex in the Kyrgyz Republic.
Economy / Exclusive

A Chinese company plans to invest in the construction of a multifunctional complex in the Kyrgyz Republic.

Recently, a meeting took place at the National Investment Agency with representatives of the company "Zhuyhen Real Estate." The agency's press service reported that as a result of the negotiations, a memorandum of understanding and cooperation was signed, aimed at developing investment interaction. In accordance with the agreements reached, the company expressed its desire to invest in a project for the creation of a multifunctional complex. This facility will include business

22.01.2026, 08:14
The Cabinet and Investors Discussed the Implementation of Energy Projects in Kyrgyzstan
Economy / Exclusive

The Cabinet and Investors Discussed the Implementation of Energy Projects in Kyrgyzstan

In Kyrgyzstan, a meeting was held dedicated to the implementation of investment agreements in the energy sector, chaired by Adylbek Kasymaliev. The online meeting gathered more than 15 representatives from companies involved in construction, as well as those at the stage of starting work on the creation of solar, wind, and hydroelectric power stations, as well as thermal power plants in the republic. The agenda included the issue of fulfilling 12 investment agreements related to the

22.01.2026, 08:08
Chinese Investor to Invest in Major Project in Kyrgyzstan
Economy

Chinese Investor to Invest in Major Project in Kyrgyzstan

Photo by NAI Recently, a meeting was held at the National Investment Agency under the President of the Kyrgyz Republic with Chinese partners from the company "Juyhen Real Estate." This information was announced by representatives of the agency. As a result of the negotiations, a memorandum was signed, which implies cooperation and mutual understanding for the development of investment projects.

21.01.2026, 21:53
Russia and Ukraine are competing for the same Chinese drone components - FT
Economy

Russia and Ukraine are competing for the same Chinese drone components - FT

Photo from the internet. Russia and Ukraine are competing for the same Chinese drone components In the current situation, Russia and Ukraine have effectively found themselves in a rivalry for identical Chinese components for unmanned aerial vehicles, which have become a crucial element of their military operations. This is reported by the Financial Times. The founder of the Ukrainian company TAF Industries, Alexander Yakovenko, shared with the publication that Chinese manufacturers are trying

21.01.2026, 19:14
Economy

The Deputy Chairman of the Board has changed at OJSC "Eldik Bank"

At OJSC "Eldik Bank," there has been a change in leadership: Medet Maratovich Tairov, who held the position of Deputy Chairman of the Board, has moved to a new role at the National Bank of Kyrgyzstan, according to information from the Kyrgyz Stock Exchange. He has been replaced by Almaz Talaybekovich Alymkulov. As reported by the bank, the new Deputy Chairman has over ten years of experience in the treasury department and previously headed the treasury department at OJSC "Eldik

21.01.2026, 17:48
Imports from Central Asian countries to China increased by 14% and reached 35.1 billion dollars
Economy / Exclusive

Imports from Central Asian countries to China increased by 14% and reached 35.1 billion dollars

According to Liu Jiangping, the Ambassador of the People's Republic of China in Kyrgyzstan, the volume of imports from Central Asian countries to China reached $35.1 billion, which is a 14% increase compared to last year. This information was announced at a recent press conference. Liu Jiangping noted that the structure of imports is becoming increasingly diverse, with an increase in the supply of not only traditional resources but also chemical products, metallurgical products, and

21.01.2026, 17:23
In 2025, China's export volume to Central Asian countries reached 71.2 billion US dollars.
Economy / Exclusive

In 2025, China's export volume to Central Asian countries reached 71.2 billion US dollars.

According to information provided by Liu Jiangping, the Chinese ambassador to Kyrgyzstan, in 2025, the volume of goods exported from China to Central Asian countries reached a record amount of 71.2 billion US dollars. This figure is 11% higher than the previous year's level. The announcement was made in an official statement by the ambassador. He also noted that particularly strong growth is observed in the machinery and high-tech sectors. Products from the "new trio" category

21.01.2026, 17:17
Economy

Personal QR codes for business are banned. Banks are blocking accounts, cash is requested at the market.

Since 2020, there has been a steady increase in cashless payments in Kyrgyzstan. According to the National Bank, in the first 11 months of 2025, there were 454.8 million transactions amounting to 778.1 billion soms, which is 8.5 and 12.2 times more than in the same period of 2024. The cashless payment system, based on mobile banking and QR codes, seemed convenient, but in 2026 there was a failure. Many small businesses began to demand cash for their goods and services.

21.01.2026, 17:13
Oil prices began to rise amid a weakening dollar
Economy / Exclusive

Oil prices began to rise amid a weakening dollar

Global oil prices have started to show an increase amid the weakening of the US dollar. Data from the ICE trading platform in London confirms this trend. At the time of writing this analysis, March futures for Brent crude oil have risen by more than 0.5 percent, reaching $64.49 per barrel. During trading, the price peaked at $64.52, while the minimum price was $63.30.

21.01.2026, 16:48
"Kyrgyzexport" plans to create a logistics center in Novosibirsk
Economy

"Kyrgyzexport" plans to create a logistics center in Novosibirsk

Refrigerated and multi-temperature warehouses will be built on the site The National Center "Kyrgyzexport," with the support of the Eurasian Development Bank, has begun developing a feasibility study for the creation of a wholesale logistics center in Novosibirsk. This was reported by Deputy Director Tilek Jumaliev, as conveyed by the publication "Refrigeration Industry." Although the specific parameters, costs, and timelines for the project have not yet been disclosed, it

21.01.2026, 16:33
China and Kyrgyzstan Trade Sets New Record — $27.2 Billion
Economy / Exclusive

China and Kyrgyzstan Trade Sets New Record — $27.2 Billion

Trade relations between China and Kyrgyzstan have reached a new historical high of 27.2 billion dollars. This was reported by the Chinese ambassador to Kyrgyzstan, Liu Jiangping, noting the rapid development of commercial ties between the two countries. According to him, Kyrgyzstan ranks second among China's largest trading partners in Central Asia, with the total trade volume accounting for about 25% of China's total trade with the countries of the region. In 2025, trade volume

21.01.2026, 16:32
EBRD to Allocate Loan for the Construction of Power Lines between Kemin and Balakchy
Economy

EBRD to Allocate Loan for the Construction of Power Lines between Kemin and Balakchy

Photo of the Chui Electric Networks Enterprise. The EBRD is providing a loan for the modernization of Kyrgyzstan's electricity networks Kyrgyzstan will receive a loan of 61.7 million euros from the European Bank for Reconstruction and Development to upgrade its electricity network, as reported by the bank's press service. As part of this financial package, an investment grant of up to 3 million euros and additional funds for technical assistance amounting to 3 million euros are also

21.01.2026, 16:27
Economy

In villages, there is a severe shortage of jobs, farmers do not know where to sell their harvest and where to store it, - deputy

On January 21, 2026, during a plenary session of the Jogorku Kenesh, Deputy Bolot Sygynaev raised the issue of the critical shortage of jobs in rural areas. In his opinion, many people, finding themselves in a hopeless situation, are forced to work in the fields, where working conditions and income levels are far from optimal. “Despite promises to create all the necessary conditions for farmers to preserve their harvest, the construction of refrigerators in each district has still not begun.

21.01.2026, 15:50
Prices for apartments and houses in Bishkek and Osh by the end of 2025. Infographic
Economy

Prices for apartments and houses in Bishkek and Osh by the end of 2025. Infographic

As of the end of 2025, there was an increase in prices for apartments and residential houses in Kyrgyzstan. How exactly did the real estate prices change in Bishkek and Osh this year? Apartment Prices in BishkekAccording to the data from the State Agency for Land Resources, Cadastre, Geodesy, and Cartography (GASRKGK), the average cost per square meter of residential apartments in Bishkek increased by 23.8% from January to December 2025.

21.01.2026, 15:40
Economy

In 2026, "Bishkekgorlift" plans to replace one hundred elevators and is looking for suppliers.

The municipal enterprise "Bishkekgorlift" has announced plans to replace one hundred elevators in 2026. In this regard, the city administration invites companies engaged in the supply of elevator equipment to participate in the competitive procedures. Participants must have the necessary experience and meet the requirements of the Technical Regulation of the Customs Union TR TS 011/2011 "Safety of Elevators." The competition will be conducted in accordance with the

21.01.2026, 14:55
Economy

How Gas Prices in Russia Will Change. Expert Opinions

The year 2025 became a real test for the Russian fuel sector, where changes occurred almost every week, including both price increases and fuel shortages. What awaits us in 2026? The editorial team of 56media reached out to experts for forecasts. Expectations of Russians Regarding Gasoline Prices in 2026According to Mikhail Khachaturyan, an associate professor at the Financial University under the Government of the Russian Federation, by the end of 2025, a certain balance was achieved in the

21.01.2026, 14:52