National Bank of Kazakhstan

 Kazakh National bank reduces base rate

The National Bank of Kazakhstan decided to reduce the base rate from 9.75% to 9.5% with a +/- 1% corridor, the press-service of the financial controller said in a message .  The report says that annual inflation continues to …

Kazakh National Bank predicts tenge strengthening

There are no prerequisites at the moment for any significant fluctuations in the Tenge exchange rate, the Kazakh National Bank Chairman Daniyar Akishev said. Kazakhstan’s National Bank noted a high probability of …

National Bank of Kazakhstan lowers base rate by 2%

Kazakhstan’s central bank cut its key interest rate for the first time since introducing it last year as policy makers look to curtail gains in the tenge and turn their focus to helping the economy at risk of its first contraction since …

Nazarbayev asks to reduce inflation to 4%

Kazakh President Nursultan Nazarbayev instructed the National Bank of the Republic to reduce mid-term inflation to 4% per year. "Within the framework of inflation targeting, the National Bank should reduce the …