National Bank of Kazakhstan limits currency exchange rate differences
The National Bank has announced the development of a draft resolution titled “On setting limits for the deviation of the buying rate from the selling rate of foreign currency in tenge for transactions conducted through exchange offices”, reports a Kazinform News Agency correspondent.

According to the draft, it is proposed to establish limits for the deviation of the buying rate from the selling rate of cash foreign currency for transactions conducted through exchange offices.
The limits are set as follows:
- For the US dollar: 7 tenge
- For the Euro: 10 tenge
The proposed changes aim primarily to reduce speculative actions in the foreign exchange market and to cover the risks of financial market participants.
These restrictions will not apply to exchange transactions conducted in non-cash form.
The full text of the draft resolution can be found on the official website of the National Bank of Kazakhstan.
Earlier, it was reported that JSC “Baiterek” National Management Holding announced the successful completion of the next phase in the digital tenge pilot project for the agro-industrial complex, including its conversion and deposit into a second-tier bank account.