The National Bank of the Kyrgyz Republic imposed fines on five exchange offices in Bishkek and on an individual for breaches of Kyrgyz legislation and the National Bank’s regulatory requirements related to foreign currency exchange. Each of the five exchange offices was fined KGS 55,000. A Kyrgyz citizen (U.A.U.) was fined KGS 17,500 for conducting cash foreign currency exchange transactions in Bishkek without a National Bank licence.
National Bank of the Kyrgyz Republic 2026-03-19
National Bank of the Kyrgyz Republic fines five Bishkek exchange offices and an individual for foreign currency exchange violations
The National Bank of the Kyrgyz Republic fined five exchange offices in Bishkek KGS 55,000 each for violating foreign currency exchange regulations. Additionally, a Kyrgyz citizen was fined KGS 17,500 for unlicensed cash foreign currency exchange transactions.