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National Bank of Kyrgyzstan fines three individuals and four exchange bureaus in Bishkek

The National Bank of the Kyrgyz Republic has fined three individuals and four exchange bureaus in Bishkek for conducting cash foreign currency transactions without a license and breaching regulatory requirements.

Three individuals were fined 17,500 soms each for operating cash foreign currency exchange services without a license from the National Bank. Four exchange bureaus in the capital were fined 55,000 soms each for violating the laws of the Kyrgyz Republic and the National Bank’s regulations.

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