Kazakhstan Keeps Base Rate at 18%

Tue, 21 Apr 2026 13:35:45 +0000
Banking

The National Bank of Kazakhstan's Monetary Policy Committee maintained the base rate at 18.0% per annum with a ±1 percentage point corridor on 6 March 2026. The decision was informed by the forecast round results, updated assessments of key macroeconomic indicators, and the balance of inflation risks. Annual inflation declined to 11.7% in February 2026, down from 12.2% in January, with all components showing moderating price growth.