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SECTION NEWS

Commercial bank and investment fund to open in Kyrgyzstan

24/10/16 10:42, Bishkek – 24.kg news agency, by Anton LYMAR

Kyrgyzstan is creating a commercial bank and an investment fund for the development and support of small and medium-sized businesses that will work on the principles of Islamic finance. This was stated today at the meeting of chairman of the National Bank Tolkunbek Abdygulov with the President Almazbek Atambayev, the press service of the head of state reported.

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As noted, the work on the creation of two new financial institutions goes together with the Islamic Development Bank.

Tolkunbek Abdygulov also spoke about the state of the currency market of the country, the situation in the economy, the implementation of monetary policy and the use of the tools to keep the sharp exchange rate fluctuations and stabilization of the situation on the currency market.

The President stressed the importance of timely action to ensure financial system stability and the preservation of the stability of the national currency.


URL: http://eng.24.kg/finansy/182535-news24.html
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RELATED MATERIALS

Exchange rate from 4 February
National Bank of Kyrgyz Republic
USD 69.4463
EUR 74.6131
RUB 1.1708
KZT 0.2156
UZS 0.0212
Weighted average exchange rate of som on February 3
USD 69.4300


Weather forecast
05.02.2017
  night day
Bishkek
-24...-18 -10...-5
Talas
-17...-14 -13...-7
Jalal-Abad
-14...-10 -11...-5
Osh
-16...-9 -8...-4
Batken
-12...-8 -8...-3
Naryn
-27...-24 -19...-12
Cholpon-Ata
-27...-20 -14...-11


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«When we ran in the elections, we said that would even get the moon and the sun from the sky ».
MP Kamchybek Joldoshbayev at a meeting of Parliament, February 2, 2017.

«What have you done besides sale of donkeys to China?».
Deputy Ryskeldi Mombekov to the head of State Inspectorate for Veterinary and Phytosanitary Safety Kalysbek Zhumakanov at a meeting of Parliament, February 1, 2017.
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