Posted: 27.05.2022 17:18:00

Japarov: EAEU needs to switch to stable settlement algorithms in national currencies

Transition to more predictable and stable algorithms and forms of settlements in national currencies is an important aspect of the EAEU member states’ financial stability – as noted by the President of Kyrgyzstan, Sadyr Japarov, in his opening speech at today’s Supreme Eurasian Economic Council session


“This is especially important in conditions of modern realities and deterioration of the geopolitical situation. In this regard, the use of national currencies in mutual settlements for goods is fully supported by the Kyrgyz Republic,” Sadyr Japarov said.

According to the President of Kyrgyzstan, this is one of the factors to reduce external pressure on national economies and counter-balance the risks related to volatility of foreign exchange rates.