The central bank of Kazakhstan left its key policy rate unchanged at 9.25 percent on February 3rd 2020 but said it could cut rates later this year if both food and general inflation slow in line with expectations. In January, the inflation edged up to 5.6 percent from 5.4 percent. The central bank targets inflation within 4 percent to 6 percent. Kazakhstan Interest Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Interest Rate in Kazakhstan averaged 23.19 percent from 1992 until 2020, reaching an all time high of 300 percent in March of 1994 and a record low of 5.50 percent in August of 2012. This page provides the latest reported value for - Kazakhstan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
Interest Rate in Kazakhstan is expected to be 9.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Kazakhstan to stand at 9.25 in 12 months time. In the long-term, the Kazakhstan Interest Rate is projected to trend around 9.50 percent in 2020, according to our econometric models.