Ford drives hike in car production in Romania
12 hours ago
Kyrgyzstan’s gross foreign reserves fell to $1,778.3mn in 2015, down by 9.16% y/y, according to latest figures by the National Bank of Kyrgyzstan.
The reserves were down due to a combination of factors, including regular interventions by the central bank to support the Kyrgyz som, which has been on a rollercoaster in 2015, depreciating by 28.87% y/y against the greenback. In an effort to shore up the national currency, the central bank sold $330.5mn in 2015 and $536.7mn in 2014, according to the bank’s latest figures.
Kyrgyzstan’s monetary base increased by 4% y/y to KGS67,055mn (€402.3mn) at the end of 2015, according to the figures. At the same time, M2 money supply (monetary base plus savings and term deposits) amounted to KGS143,143mn at the end of the year, up from KGS124,544mn at end-2014.
Total outstanding loans issued by Kyrgyz commercial banks grew to KGS93,954mn at the end of 2015, up by 19.3% y/y, the figures show.
Total bank deposits in Kyrgyzstan stood at KGS102,878mn at end-2015, up from KGS82,535mn at end-2014, according to the figures. Deposits in foreign currency stood at KGS67,494mn at end-2015, while deposits in the local currency amounted to KGS35,384mn, the figures show.
Related Content
Data
Ford drives hike in car production in Romania
Romania’s automobile production increased by 7% y/y to more than 150,000 units in Q1.
Akbank launches spring syndicated loan renewals season for Turkish banks at better costs
Benefits of Turkey’s so-called economic normalisation policy clearly observed in external debt rollovers.
Ukraine's birth rate plummets to 300-year low as country’s population collapses
Ukraine’s population collapsed to 29mn souls last year, according to Ukraine Business News, with just 187,000 births recorded (including in Russian-occupied territories). This is the lowest annual figure in recorded history over the last 300 years.
Russia’s $13.4bn current account surplus in March second highest since 2007
Russia posted a $13.4bn current account surplus in March, more than double February’s $5.5bn and the second highest level for a March since 2007.
Automotive sector output in Hungary edges up 1.6% y/y in February
Headline industrial output rose 1.8% in February, increasing for the first month in about a year.
Most Read
-
Ukraine's birth rate plummets to 300-year low as country’s population collapses
1 day ago
-
Russia’s $13.4bn current account surplus in March second highest since 2007
1 day ago
-
Czechia paid five times more for energy imports from Russia than it spent on aid to Ukraine
21 hours ago
-
Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
1 day ago
-
Dubai airport, city and roads still underwater from historic floods
1 day ago
-
Iran vs Israel: Who is better equipped for war?
4 days ago
-
Saudi Arabia to scale back plans for Neom city
8 days ago
-
BREAKING: Iraq, Syria and Jordan close airspace amid Iranian strike on Israel
4 days ago
-
Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
5 months ago
-
PANNIER: Caspian military drills that exclude Russia and Iran have some people in Moscow asking questions
6 days ago
-
Russia could pay off its entire external debt tomorrow, in cash
19 days ago
-
Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
23 days ago
-
Albanians campaign on social media to keep bus bridge created in freak accident
1 year ago
-
UBN: Russia could take the Baltic states in 48 hours
28 days ago
-
BRICS announce a blockchain-based payment system to create a common currency
21 days ago