Kyrgyz Republic - Annual Report 2007
In 2007, the National Bank of Kyrgyz Republic raised rates and improved its policy instruments due to the global rise in commodity prices, said Marat Alapaev, the governor of the central bank in its latest Annual Report.
Alapaev said that the central bank also significantly strengthened the role of microfinance institutions and worked on the modernisation of the country's payment systems.
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