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World 14/03/2022 Kazakhstan bans the export of foreign currency if its equivalent exceeds US$10,000
Kazakhstan bans the export of foreign currency if its equivalent exceeds US$10,000

Tashkent, Uzbekistan (UzDaily.com) – Kazakhstan banned the export of foreign currency if its equivalent exceeds US$10,000.

According to a decree signed by Kassym-Jomart Tokayev, gold bars of 5, 10, 20, 50 and 100 grams, investment coins made of gold and silver, as well as refined gold weighing over 100 grams are not allowed to export.

The National Bank of Kazakhstan explained that against the background of external shocks in the country there is an increase in demand for foreign currency in cash, but there are difficulties with its delivery to Kazakhstan from abroad.

On 12 March, the National Bank of Kyrgyzstan temporarily banned banks, exchange offices, microfinance and microcredit companies from exporting cash dollars from the country.

This step was taken to ensure the economic security of Kyrgyzstan.

 

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