Regulatory Alerts2026-07-24
Added · Updated
Base Rate Reduced to 16.75%
The Monetary Policy Committee of the National Bank of the Republic of Kazakhstan has reduced the base rate to 16.75% per annum, establishing a corridor of +/- 1 percentage point. This adjustment reflects the ninth consecutive month of declining annual inflation, which stood at 10.3% in June, alongside stabilizing consumer activity and a strengthening tenge. The decision assumes consistent fiscal consolidation and adherence to approved budget parameters, with the next scheduled review set for 4 September 2026.
Topics
monetary
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