US EditionNational Bank of Kazakhstan Sets Base Rate at 16.5%
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National Bank of Kazakhstan Sets Base Rate at 16.5%
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – The Monetary Policy Committee of the National Bank of Kazakhstan (NBK) fixed the base rate to 16.5% per annum with a corridor of +/- 1 percentage points, reports the bank’s press service. The building of the National Bank of Kazakhstan in Astana. Photo credit: National Bank of Kazakhstan press service The move comes amid sustained inflationary pressure.…
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