The National Bank of Tajikistan raised its benchmark interest rate to 12% during its monetary policy meeting on April 27th. It was the second consecutive rate increase, following a February push from 10.75% to 11%, as the central bank continues its battle to curb inflationary pressures fueled by the COVID-19 pandemic. Prices grew at successive faster rates for seven straight months, with headline inflation standing at 10.1% in March, considerably above the central bank's target range of 4%-8%. source: National Bank of Tajikistan

Interest Rate in Tajikistan averaged 10.67 percent from 2003 until 2021, reaching an all time high of 18.06 percent in October of 2003 and a record low of 4.80 percent in January of 2014. This page provides the latest reported value for - Tajikistan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Tajikistan Interest Rate - values, historical data and charts - was last updated on July of 2021.

Interest Rate in Tajikistan is expected to be 12.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Tajikistan to stand at 12.50 in 12 months time. In the long-term, the Tajikistan Interest Rate is projected to trend around 12.00 percent in 2022 and 11.00 percent in 2023, according to our econometric models.

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Tajikistan Interest Rate

Actual Previous Highest Lowest Dates Unit Frequency
12.00 12.00 18.06 4.80 2003 - 2021 percent Daily

Tajikistan Interest Rate
In Tajikistan, interest rate decisions are taken by the National Bank of Tajikistan. The official interest rate is the refinancing rate.