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The Resolution it is suspended till September 15, 2026 according to Item 1 of the Resolution of Board of National Bank of the Kyrgyz Republic of June 18, 2025 No. 2025-P-09/28-2-(BS)

RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of March 18, 2022 No. 2022-P-09/16-1-(BS)

About temporary procedure on carrying out transactions with the Kazakh tenge commercial banks, exchange bureaus, the microfinance and microcredit companies of the Kyrgyz Republic

(In edition of the Resolution of Board of National Bank of the Kyrgyz Republic of 11.04.2022 No. 2022-P-09/21-1)

For the purpose of ensuring economic safety of the Kyrgyz Republic and stabilization of situation in the domestic foreign exchange market, being guided by Articles 17, of 36, 68 and 138 Laws of the Kyrgyz Republic "About National Bank of the Kyrgyz Republic, banks and banking activity", the Board of National Bank of the Kyrgyz Republic decides:

1. To the commercial banks, exchange bureaus, the microfinance and microcredit companies of the Kyrgyz Republic having the license of National Bank of the Kyrgyz Republic for the right of carrying out exchange transactions with cash foreign currency, since March 19, 2022 to establish the buying rate of the Kazakh tenge in relation to the Kyrgyz som taking into account risk weighting coefficient in the amount of no more than 70 percent from the official rate of the Kazakh tenge in relation to the Kyrgyz som established by National Bank of the Kyrgyz Republic.

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