National Bank of Kazakhstan Reduces Key Interest Rate to 15.75%

The National Bank of Kazakhstan's Monetary Policy Committee has decided to set the key interest rate at 15.75% per annum with a +/- 1 percentage point corridor. This decision aims to maintain moderate monetary policy tightness necessary for disinflation and returning inflation to the 5% target by 2028. Annual inflation decreased to 9.3% in September.

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