Kyrgyzstan's international reserves fall to $8.15 billion at end-September

Kyrgyzstan's gross international reserves fell by $724.49 million, or 8.17%, in September 2026, from $8.87 billion to $8.15 billion. Most of the decline came from changes in the dollar value of gold held in the reserves. The data, from the National Bank of the Kyrgyz Republic, were published on the National Statistics Committee's website under the IMF's Special Data Dissemination Standard.

According to official statistics, gross reserves stood at $8,870.1 million at the end of August and $8,145.61 million at the end of September. Gold fell from $6,910.1 million to $6,390 million, a drop of $520.1 million. Foreign currency reserve assets declined by $18.71 million, special drawing rights (SDRs) by $7.65 million, and other reserve assets by $178.1 million. The gold change accounted for 71.8% of the total September decline, and gold made up about 78.4% of reserves at the end of the month.

The central bank revalues gold daily using the previous day's LBMA evening fix. As a result, the change in gold's dollar value may reflect market revaluation or a change in physical volume. The $520.1 million reduction does not mean the National Bank sold gold in that amount.