Healthcare, Financials Mar 14, 2022 09:39 PM (GMT+8) · EqualOcean
On March 14, the Central Bank of Kazakhstan said on its official website that external shocks had led to "increasing domestic demand for cash and foreign currencies". At present, it is difficult to transport foreign currency cash from other countries to Kazakhstan. In order to reduce the financial threat and speculative pressure, Kazakhstan will ban the carrying of cash exceeding the equivalent of US $10000 out of the country. In addition, Kazakhstan will also prohibit the exit of gold bars and gold and silver investment coins exceeding 100 grams. The Central Bank of Kazakhstan said that these measures will ensure the control of foreign currency cash outflow, the retention of national bank reserves and the diversification of savings.

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