Mandatory sale of 30% of foreign currency earnings is suspended until January 1, 2025
News
The National Bank of the Republic of Kazakhstan reports that taking into account the balance of the foreign exchange market and in order to provide quasi-public sector companies with greater opportunities in managing foreign exchange flows, the Government of the Republic of Kazakhstan suspended the rule on the mandatory sale of 30% of foreign exchange earnings. The decision is valid until January 1, 2025.