Thu, 05/11/2015
The National Bank of Kazakhstan decided to increase its base rate to 16% as part of efforts to keep inflation over the medium-term within the target range of 6 - 8%. The next rate revision is scheduled for 6 November 2015.
An increase of the base interest rate might stabilise the country’s financial system and support the national currency.
Contact:
Yuliya Shibukova
Relationship Manager
Global Securities Services, Russia
Yuliya.Shibukova@unicredit.ru