Kazakhstan's Central Bank Keeps Policy Rate Unchanged at 16.50% as Inflationary Pressures Remain
BY MT Newswires | ECONOMIC | 08/29/25 07:11 AM EDT07:11 AM EDT, 08/29/2025 (MT Newswires) -- Kazakhstan's central bank (NBRK) on Friday said the Monetary Policy Committee decided to maintain the base rate at 16.5% per annum with a more or less one percentage point corridor.
Despite the slowdown in inflation, their values are formed at a high level and they indicate that inflationary pressures remain due to the continuation of tariff reforms, fiscal stimulus and stable consumer demand against the background of high growth rates of lending to individuals, wrote NBRK in its policy statemeent.
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