The National Bank of Kyrgyz Republic kept its key interest unchanged at 13% during its January of 2023 meeting, amid manageable inflation and a steady recovery in GDP growth. The annual inflation in the country was a 1.2% as of January 20, 2023. The stabilisation of the situation on the global energy and food markets will influence the slowdown of inflation in the second half of 2023. Meanwhile, the recent data showed that the economy grew 7% in 2022, largely boosted by a rise in activity of services, industry, agriculture sectors and domestic demand. The board reaffirmed its to continue monitoring the current situation both at home and abroad, and, if necessary, take appropriate measures to achieve price stability in the medium term. The central bank also left its overnight credit and deposit rates at 15% and 10%, respectively. source: National Bank of the Kyrgyz Republic
Interest Rate in Kyrgyzstan averaged 6.57 percent from 2011 until 2023, reaching an all time high of 14.00 percent in March of 2022 and a record low of 2.64 percent in December of 2012. This page provides - Kyrgyzstan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Kyrgyzstan Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on February of 2023.
Interest Rate in Kyrgyzstan is expected to be 12.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.