In Batken Province, a currency exchange bureau and an illegal currency dealer were fined

The National Bank of the Kyrgyz Republic reported that two entities in the Batken region were held accountable for violating currency transaction laws.

One of the exchange offices was fined 55,000 KGS for failing to comply with the law and the National Bank's regulations.

In addition, the Batken branch of the National Bank of the Kyrgyz Republic fined a Kyrgyz citizen 17,500 KGS for conducting exchange transactions with foreign currency cash without the necessary licence from the regulator.

We remind you that conducting currency exchange transactions without a licence, as well as violating the rules for their implementation, entails administrative liability.