The National Bank of Kazakhstan kept the base rate unchanged

The National Bank of Kazakhstan said that the base rate was maintained at 9% per annum, the liquidity provision rate remained at 10%, the liquidity withdrawal rate was at the level of 8%. In its message, the regulator notes the continued gradual slowdown in inflation and inflation expectations. Head of the Central Bank, Daniyar Akishev, said: “The decision to maintain the level of the base rate was largely due to the continuing influence of factors that contribute to the implementation of inflationary risks. Especially, such risks are observed from the direction of external sector and budget policy”.

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