All financial institutions have temporarily suspended their work in Kazakhstan. The Spokesperson for the National Bank of Kazakhstan Olzhas Ramazanov said on the air of Khabar 24 TV channel.
«Work of all second-tier banks and the Kazakh Stock Exchange is suspended from January 6,» he said.
Protests have been taking place in the cities of Kazakhstan for several days caused by the rise in price of liquefied gas. They later escalated into clashes with the police and riots, Almaty city suffered the most.
A state of emergency has been introduced throughout the country, which will be in force until January 19. The government resigned. The chairman of the Security Council of Kazakhstan was also replaced, Kassym-Zhomart Tokayev became the chairman instead of Nursultan Nazarbayev.
The CSTO Collective Security Council decided to send peacekeeping forces to the republic.
