Exchange Rate at the Moscow City Duma on January 19: Euro Changed in Value
On the morning of January 19, the exchange rates at the Moskovsky Soviet look as follows:
On the morning of January 19, the exchange rates at the Moskovsky Soviet look as follows:
On January 14, 2026, the Board of the National Bank made a decision to issue a license to the Closed Joint-Stock Company "Alma Finance Bank" for conducting banking operations in both national and foreign currencies, reports the National Bank. We remind you that a new commercial bank "Berekett Bank" was previously launched in Kyrgyzstan, which has already become the 22nd bank in the country.
Now, employment records can be either paper or electronic. According to information provided by the Ministry of Labor, Social Security, and Migration, the previous rules for оформлении трудовых книжек in Kyrgyzstan are no longer in effect.
In accordance with the government's action plan, the Cabinet intends to launch the digital som by the end of 2026. The pilot phase of this initiative will begin in the fourth quarter of 2026 and will continue until the second quarter of 2027.
- In the December review of the EFSR for 2025, analysts updated their inflation forecasts for Kyrgyzstan for the upcoming three years. The average inflation rate for 2026-2028 was increased by 0.2 percentage points.
- The import of wheelchairs in Kyrgyzstan from China has significantly increased, amounting to 1,500 units worth $297,000 from January to October 2025. This is an increase of more than 7.3 times compared to the same period in 2024, when only 208 wheelchairs worth $21,000 were imported. Kyrgyzstan also receives wheelchairs from other countries, including:
Since the beginning of 2026, there has been a moderate increase in the exchange rate of the Russian ruble against the Kyrgyz som. In the first days of January, the ruble was at the level of 1.1016 soms, but by the second decade of the month, it began to gradually strengthen. On January 13, a minimum of 1.0885 soms was recorded. After this date, the exchange rate started to rise, and on January 16-17, it reached the level of 1.1182 soms, which became a new maximum since the beginning of the year.
- The import of bicycles from China to Kyrgyzstan increased by 2.7 times in the first 10 months of 2025, as reported by the National Statistical Committee. According to the agency's information, from January to October, 169,000 bicycles were imported with a total value of $4.2 million. Compared to the same months in 2024, when 60,000 units worth $1.6 million were imported, the growth in supply volumes has been significant.
- Kyrgyzstan is increasing budgetary stimulation to achieve significant economic goals. This is stated in the report of the EFRS for December 2025. According to forecasts, by the end of 2025, budget expenditures for the recapitalization of state enterprises may amount to 11% of the gross domestic product, which represents an increase of almost eight times over four years.
- A series of seminars has started in the southern regions of Kyrgyzstan as part of the educational caravan "AgroZooVet–2026," initiated by the Ministry of Water Resources, Agriculture, and Processing Industry. This was reported by the ministry's press service. During these training sessions, participants will be provided with important information on the following topics:
Starting from February 1, 2025, as Donald Trump announced on his social network Truth Social, the United States will impose additional tariffs on goods from eight European countries, including the United Kingdom and Denmark, in response to disputes over Greenland. The President emphasized that these tariffs will remain in effect until a complete agreement on the acquisition of Greenland by the United States is reached.
Tailors will receive additional benefits At a meeting held on January 14, the government approved a new initiative to support the small and medium-sized enterprise sector, which includes the provision of preferential loans. This was announced by the Minister of Economy, Bakyt Sydykov.
- On January 16, 2026, an interregional seminar "AgroZooVet-2026" was held in the Kadamjai district of the Batken region, organized by the Ministry of Water Resources, Agriculture, and Processing Industry. The main objective of this event was to introduce modern technologies among agronomists, veterinarians, and farmers, as well as to increase productivity in the livestock sector and develop the processing industry focused on exports.
The State Tax Service of the Kyrgyz Republic reports a significant reduction in the unified tax rate for entrepreneurs conducting their activities outside the country. According to the new rules, the tax rate has been lowered from 1% to 0.1%, which is a tenfold reduction.
This initiative is seen as a way to attract foreign investments In Kyrgyzstan, authorities are exploring the possibility of introducing long-term visas for foreign investors, which could be valid for up to 30 years. This information was presented by Zhalyn Zheenaliev, Deputy Head of the National Investment Agency under the President of the country.
At a meeting of the "Ala-Too" parliamentary group, representatives of the light industry shared alarming information about the current state of affairs in the sector. They reported that more than 3,000 sewing workshops have closed in Kyrgyzstan, leading to the destruction of many jobs. Entrepreneurs appealed to parliament members for urgent support, pointing out a number of problems negatively affecting the functioning of the sector. The main causes of the crisis were difficulties in
The seminar "AgroZooVet-2026" gathered participants in the Kadamjay district of the Batken region and was organized by the Ministry of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic. The main objective of this event was to promote a modern approach to agriculture among farmers, veterinarians, and agronomists. The primary focus was on improving productivity in livestock farming and developing processing enterprises aimed at export.
- During an inspection conducted on January 17 by the Minister of Construction of the Kyrgyz Republic, Nurdana Oruntaev, violations were discovered at a residential complex on Ankara Street, which is being built by the company OsOO "Aalam Stroy". The Ministry reports that non-compliance with construction legislation and safety standards was recorded in more than ten blocks of the facility. Additionally, it was established that the company used the services of private laboratories to
In the At-Bashinsky district of the Naryn region, the price of coal is 6400 soms per ton, according to information provided by the local akimat. Coal is regularly delivered to the district from Kara-Keche.
- The unification of farmers into cooperatives is becoming vital for increasing their competitiveness and is a standard in global practice. This was reported on the radio by the head of the Department of Crop Production, Horticulture, and Cooperation of the Ministry of Water Resources, Agriculture, and Food Processing, Turat Idirisov. He noted that in the context of small-scale production, it is extremely difficult for farmers to operate effectively alone, making unification inevitable.
- On the air of the radio, the head of the Department of Crop Production, Horticulture, and Cooperation of the Ministry of Water Resources, Agriculture, and Processing Industry, Turat Idirisov, noted that for the effective operation of an agricultural cooperative, a minimum of seven people and land areas of 50 hectares or more are required. Such land sizes allow for the implementation of all necessary agronomic measures, including crop rotation, and guarantee a stable income, which is important
- According to information from the National Statistical Committee, Kyrgyzstan increased its banana imports by 11% from January to October 2025. During this period, the republic imported 33 thousand tons of bananas worth 26 million dollars, which is 11% higher than the volumes of the same period in 2024, when 29 thousand tons were imported for 21 million dollars.
In the city of Osh, located on the border with Uzbekistan, an attempt to import agricultural products from the neighboring country was prevented, according to a report from the Ministry of Agriculture. At the checkpoint "Dostuk," a cargo containing 22 tons of salt intended for livestock was not allowed through.
- The Ministry of Water Resources, Agriculture, and Processing Industry reports a potential shortage of water resources for farmers during the growing season of 2026. In this regard, as noted by the ministry, a limitation on the volumes of irrigation water is planned, which may lead to shortages in some areas.
- On January 15, the Deputy Minister of Water Resources, Agriculture, and Processing Industry of the Kyrgyz Republic, Mirbek Duyshiev, visited the Moscow and Sokuluk districts of the Chui region. During his trip, he familiarized himself with various entities engaged in livestock fattening and breeding that received preferential loans under state support programs for the agro-industrial complex.
- In September 2025, the annual inflation in Kyrgyzstan was 8.9%, reports the National Bank. According to the regulator, the rise in inflation is due to high volatility in food prices on the global market, as well as the challenging situation in the market for petroleum products in Russia and an increase in external demand for certain types of local products.
- As part of the action plan developed by the Government of Kyrgyzstan, an increase in areas for organic agriculture is planned from the current 67.3 thousand hectares to 202.5 thousand hectares by 2029. The proposed growth stages are as follows:
Based on the information from the agency, from January to October 2025, Kyrgyzstan imported 1,900 tons of milk and cream from Russia for a total of 4 million dollars. This exceeds the similar figures for 2024, when 1,700 tons were imported for 2.8 million dollars, which also corresponds to a growth of 9%. The supplies of milk and cream to Kyrgyzstan were made by the following countries:
- From January to November 2025, according to statistical data, the level of investments in fixed capital for the construction of wholesale and retail trade facilities in Kyrgyzstan fell by 37.9% compared to the same period in 2024. Official sources indicate that the financing of construction projects in this sector was mainly carried out through the funds of enterprises and organizations, as well as through the personal savings of citizens and charitable contributions from residents of
This week, Bishkek has seen a rise in prices for a number of products, including meat, rice, tomatoes, onions, carrots, cabbage, and pears. At the same time, prices for bread, cucumbers, peppers, apples, sugar, milk, and eggs have decreased. As a result of the week, the cost of the minimum grocery set decreased by 1 som, amounting to 6,722 soms.
In Kazakhstan, the exchange rate of the national currency, the tenge, has come under pressure due to an influx of short-term investments from foreign speculators. In 2025, the country became one of those that received large amounts of "hot money" aimed at quick profits. However, this situation may change in the near future, as reported by Reuters.
This system will be implemented for road and rail transport. Starting from February 11, 2026, the use of navigation seals will be mandatory in Kyrgyzstan for the import and export of alcoholic and tobacco products.
- As part of a raid conducted on January 16, 2026, by employees of the Issyk-Kul Regional Department of the Environmental and Technical Supervision Service under the Ministry of Natural Resources, Ecology, and Technical Supervision, illegal fishing gear was seized at Lake Issyk-Kul. This was reported by the press service of the Ministry of Agriculture. During the inspection, an old Chinese synthetic net measuring 400 meters was found, which was used in violation of the legislation. This net
According to information provided to the deputies of the Jogorku Kenesh by the Chairman of the State Customs Service of Kyrgyzstan, Almaz Saliev, a customs officer from Kyrgyzstan will be working at the border with Russia. His task will be to check cargo carriers arriving from Central Asian countries. Saliev noted that this employee will be included in the mobile group responsible for monitoring transportation. The decision regarding his appointment was made in cooperation with the Russian
An investment fund from the USA called Noble Capital has initiated legal proceedings against the Russian Federation, demanding a colossal sum of $225.8 billion. The lawsuit is based on the premise that modern Russia, as the successor to the Russian Empire, is responsible for repaying debts on bonds issued over a hundred years ago for American investors.
- The President of the Association of Suppliers (Manufacturers and Distributors) Gulnara Uskenbaeva shared with Tazabek her opinion on why many retailers do not accept payments through mobile wallets using QR codes. Among the main reasons, she highlighted the following:
In the "Our People Abroad" section, we will tell you about Tolgonai Kerimbekova, who currently lives in Germany with her family. “I was born in 1994 in the Issyk-Kul region and spent my childhood in Balykchy. I managed to score high on the national testing, and I dreamed of becoming a doctor. I enrolled in the Medical Academy, but I ended up in a faculty that I hadn’t originally chosen. Realizing that I couldn’t transfer, I enrolled the following year at the Kyrgyz-Turkish University
At the veterinary control point "Dostuk" on the border with Uzbekistan, a large batch of feed salt weighing 22 tons was stopped. The cargo was coming from Uzbekistan but did not pass the inspection for compliance with established safety standards. During the inspection, specialists discovered serious violations of veterinary and sanitary requirements in accordance with the regulations of the Eurasian Economic Union (EAEU). The main reason for the detention was the non-compliance of
The Veterinary Service, Livestock Development, Pastures, and Feed under the Ministry of Agriculture of Kyrgyzstan has introduced the "Unified System for Accounting and Registration of Breeding Farms and Artificial Insemination Points." This digital platform aims to simplify processes for farmers, freeing them from bureaucratic hassles and creating a transparent market for high-yield livestock.
At the meeting of the "Ala-Too" deputy group, Azamat Kerimbek uulu, head of the "Legprom" association, emphasized that stagnation in Russia will negatively affect Kyrgyz producers. He noted that the patent system, which had been in place since 2003, was abolished in 2023, resulting in the registration of 9,800 workshops and individual entrepreneurs in the textile sector. At the same time, since the beginning of 2023, 23,000 individual entrepreneurs have registered on the
At the meeting of the "Ala-Too" deputy group, Azamat Kerimbek uulu, head of the "Legprom" association, emphasized that the economic stagnation in Russia will negatively affect producers in Kyrgyzstan. He noted that the patent system for the garment industry was introduced in 2003 and abolished in 2023. During this period, about 9,800 sewing workshops and individual entrepreneurs were registered. However, since the beginning of this year, 23,000 individual entrepreneurs have
According to information presented on January 16 at a meeting of the "Ala-Too" deputy group by entrepreneur Jasur Parpiev, at least 4-5 thousand sewing workshops have closed in Kyrgyzstan, leaving many people without jobs. He noted that problems with exports and the situation at the border with Russia began back in September.
In Kyrgyzstan, farmers are being urged to unite into cooperatives for the effective implementation of crop rotation on small plots of land. This was announced on the radio by Turat Idirisov, head of the Department of Crop Production, Horticulture, and Cooperation of the Ministry of Water Resources, Agriculture, and Processing Industry. According to him, adhering to crop rotation on limited areas poses a significant challenge, which has already negatively affected the yields of certain crops. In
- The import of corset products in Kyrgyzstan from China decreased by half in the first ten months of 2025. This data was announced by the National Statistical Committee. According to the information from the agency, from January to October 2025, Kyrgyzstan purchased 5.2 million corset products from China for a total of 4.7 million dollars. This is a significant decrease compared to the same period in 2024, when 10 million units were imported for a total of 8.1 million dollars.
The National Statistical Committee of Kyrgyzstan reports a significant decrease in umbrella imports from China in 2025. During the first ten months of this year, the republic reduced purchases by 11 times compared to the same period last year. According to the agency's data, from January to October 2025, Kyrgyzstan purchased only 324 thousand umbrellas from China for a total of 411 thousand dollars. In comparison, in 2024, this figure was 3.6 million units worth 1.7 million dollars.
- The pilot launch of the digital som is scheduled for the period from Q4 2026 to Q2 2027. This measure is included in the Cabinet's action plan. During this period, a platform for the digital som will be developed, and tests for P2P transfers will be conducted, which involve making transfers without intermediaries.
As mentioned in previous materials, the situation with digitalization in Kyrgyzstan has changed dramatically, and the country has returned to more traditional methods of payment. Many buyers, who were used to quickly paying for purchases via electronic wallets, are now faced with the demand: "Cash only!".
- In the first ten months of 2025, Kyrgyzstan significantly increased the volume of imported slag wool for insulation from Kazakhstan. This information was provided by the National Statistical Committee. According to the agency's data, from January to October 2025, the republic purchased 7,400 tons of slag wool worth 5.6 million dollars. This is three times more compared to the same period in 2024, when 2,300 tons were imported for 1.9 million dollars.