Lack of dollars in banks of Kazakhstan

Lack of dollars is observed in the exchange offices of Kazakhstan. This is written by Kazakhstan media, in particular aikyn.kz.

On the lack of foreign currency for sale in an interview on the Khabar 24 TV channel, the head of the Association of Exchange Points of Archin Galimbaev was announced. According to him, it also affects the weakening of the national currency. As Galimbaev explained, private exchange offices buy foreign currency from second-level banks, and then sell it to the population. Since last week, banks have established a limit on realized volumes. If earlier exchangers could buy 50-100 thousand dollars, now the amount decreased at once every 10 times. What are the associated innovations, Galimbaev does not know.

“Exchange rate – 431 tenge, if there were no this deficit, then the cash course would be around 432 tenge. And now we see the course 434 and higher. Now this situation is that courses in banks and exchange offices are almost equal. As we remember, in private exchange offices, the course has always been lower, “said Archin Galimbaev.

Kazakhstani experts predict the rise in price of the dollar to 440 tenge by the end of the year.