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National Bank fines Kyrgyzstani for exchanging currency without license

The National Bank of Kyrgyzstan fined a citizen of Kyrgyzstan 17,500 soms. Website of the bank says.

This measure was applied due to the fact that he carried out exchange operations with foreign currency in cash without a license.

According to the law, in order to provide currency exchange services, it is necessary to get a license from the National Bank.

The National Bank of the Kyrgyz Republic fined five exchange offices for a total of 220,000 soms due to violations of the law last week.

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