Kyrgyz Som is one of the most stable currencies in the CIS

Almaty. September 19. Silkroadnews - Kyrgyz Som is one of the most stable currencies in the Commonwealth of Independent States (CIS), said KyrTAG with reference to the head of the monetary operations of the National Bank of Kyrgyzstan Raushan Seytkasymova.
As an example, R. Seytkasymova led cumulative change in exchange rates to the dollar since July of 2013. Thus, prior to the IV quarter of 2013 relative stability of som was observed on the background fluctuations of the ruble. Then there was a devaluation of the ruble, and the fall of the tenge. Som observed volatility, but it was done a number of interventions to smooth the course, and this summer it was stable.
"Som is more stable compared with the ruble and tenge. Although we have a floating exchange rate, and they have fixed, and this raises questions. Although Russia is already moving to a floating exchange rate, make fewer interventions, I think Kazakhstan will do it too. Som has nothing to fear, we skated mode ", - she said.