By Joseph Branch in Economics News —

Kazakhstan government allows banks to take cash rubles abroad

Kazakhstan government allows banks to take cash rubles abroad
Photo by Angelo Abear / Unsplash

Resolution on permission of the Cabinet of Ministers published in the bank of normative legal acts.

"Allow the second-tier banks of the Republic of Kazakhstan to export cash Russian rubles from the Republic of Kazakhstan until August 31, 2022 within the accumulated volume in the cash offices of these second-tier banks at 23.59 hours on July 1, 2022," the document says.