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National Bank of Kyrgyzstan Fines Three Individuals and Four Exchange Offices in Bishkek

The National Bank of the Kyrgyz Republic has fined three individuals and four currency exchange offices in Bishkek for conducting unlicensed cash foreign exchange transactions and violating regulatory requirements.

Three individuals were fined 17,500 soms each for carrying out cash foreign exchange operations without a National Bank license. Four exchange offices in the capital were fined 55,000 soms each for violating the laws of the Kyrgyz Republic and regulatory acts of the National Bank.

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