The fall in dollar could lead to lower prices for petroleum products in Kyrgyzstan

Almaty. April 20. Silkroadnews - The fall of the dollar could lead to lower prices for fuel and lubricants, informs the executive director of the Association of Oil Traders of KR Ulan Kulov.
"Let's see how long and how far the dollar will fall. Half of the required volume of fuel we buy in dollars. This means, depreciation should, in theory, lead to lower prices for petroleum products",- said U Kulov to KyrTAG agency on Monday.
According to him, if the exchange rate will continue to decline, or at least remain at current levels, then we can talk about lowering of fuel prices.
However, today there was a growth of fuel for 1 som.
"This is due to an increase in wholesale prices in April, but at the expense of old stocks, prices rose at once", - he added.
Recall that in the end of last week the dollar in Kyrgyzstan fell for several soms.