The National Bank of the Kyrgyz Republic imposed fines on two exchange offices in Bishkek and on an individual for breaches of Kyrgyz Republic legislation and National Bank regulations governing foreign exchange activity. Each of the two exchange offices was fined KGS 55,000. A citizen of the Kyrgyz Republic (K.K.T.) was fined KGS 17,500 for conducting cash foreign currency exchange transactions in Bishkek without a National Bank licence.