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. Last Updated: 07/27/2016

Kazakhs Loosen Limit

Kazakhstan has increased the limit on cash dollars that individuals are allowed to take out of the former Soviet republic to $10,000 from the former ceiling of $500, National Bank deputy chairman Urazaly Yerzhanov said Wednesday.

According to a recent National Bank resolution, all foreign currencies may now be converted into other currencies without restrictions, he told reporters. It is hoped the move will helpstimulate investment in the country.