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Two Kyrgyzstanis fined for currency exchange without license

Two residents of Issyk-Kul region were fined for exchange operations with foreign currency in cash without a license. Website of the National Bank of Kyrgyzstan says.

The amount of the fine was 17,500 soms each. At the beginning of the week, the National Bank of the Kyrgyz Republic fined a Kyrgyzstani for unlicensed currency exchange.

Earlier, the central bank reported that in order to suppress unlicensed currency exchange activities, the bank, together with the Ministry of Internal Affairs and the Tax Service, conducts checks. At least 11 raids have been held since the beginning of 2022. Ten people have been fined 175,000 soms.

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