The National Bank
The National Bank of Kyrgyzstan recommended commercial banks and microfinance companies to introduce three-month repayment holidays without fines for Kyrgyz citizens with loans. However, loan recipients and experts consider such measures insufficient to support citizens.
The national currency of Kyrgyzstan has become cheaper in just two weeks of March for over 20 per cent against the American dollar. This is one of the worst indicators among EAEU countries. (more…)