Monday10 February 2025
toshkent24.com

The National Bank of Kazakhstan continues to buy back old-style dollars.

In 2024, the National Bank of Kazakhstan initiated the purchase of unclaimed old-style U.S. dollar banknotes from second-tier banks for subsequent export abroad, as reported by Bizmedia.kz.
Национальный банк Казахстана продолжает приобретать старые доллары.

The size of the commission fee was determined based on the market quotes from foreign partners. At the end of the year, the National Bank of Kazakhstan (NBK) exported cash received from banks totaling 48 million US dollars.

As part of the conducted work, the NBK reached a direct agreement with the Federal Reserve System of the United States for the acceptance of such dollars, which allowed for a reduction in transportation, insurance, and other service costs. The commission fee for transactions decreased to 0.3%.

The National Bank plans to continue such operations temporarily, based on the requests from second-tier banks to address the issue of accumulating outdated US dollars.