Economy

Kyrgyzstan Prints Som at Home for the First Time

TL;DR

24.kg files 20- and 50-som notes printed at Uchkun; a first print is not notes already in pockets.

MSM Perspective

24.kg filed domestic printing. The National Bank did not name a circulation date in Friday copy.

X Perspective

Feeds treat a first press run as a revalued som.

Kyrgyzstan printed 20-som and 50-som banknotes at home for the first time. [1] 24.kg filed the National Bank's confirmation that Uchkun produced the notes, ending more than 30 years of exclusive overseas printing. [1] A first print is not a revalued currency. Print domestic. Do not print a new exchange rate.

The bank described it as a sovereignty step timed to independence anniversary language in Friday copy. [1] Plans to expand to higher denominations are plans. They are not 100-som notes already circulating. Print 20 and 50. Leave a circulation date to the edition that owns a circulation date.

Friday recap that treats a press run as cash in pockets is a feed, not 24.kg. Print first time. Print not in-pocket.

-- PRIYA SHARMA, Delhi

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