The National Bank of Kazakhstan kept its benchmark base rate at 9.25 percent on March 4th, 2019, as widely expected. Policymakers noted that annual inflation continued to decline in February (4.8 percent from 5.2 percent in January) although inflationary risks persist. Inflation is seen at 4 percent-6 percent in 2019. Policymakers added that concerns related to the deterioration of the external environment appeared less likely to materialise, as Brent oil price is above $65 per barrel, compared to the below $55 per barrel in the second half of December 2018. Interest Rate in Kazakhstan averaged 24.12 percent from 1992 until 2019, reaching an all time high of 300 percent in March of 1994 and a record low of 5.50 percent in August of 2012.

Interest Rate in Kazakhstan is expected to be 9.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Kazakhstan to stand at 9.75 in 12 months time. In the long-term, the Kazakhstan Interest Rate is projected to trend around 9.75 percent in 2020, according to our econometric models.

Kazakhstan Interest Rate
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Calendar GMT Actual Previous Consensus TEForecast
2018-10-15 11:40 AM Interest Rate Decision 9.25% 9% 9%
2018-12-04 11:00 AM Interest Rate Decision 9.25% 9.25% 9.25% 9.25%
2019-01-14 11:10 AM Interest Rate Decision 9.25% 9.25% 9.25% 9.25%
2019-03-04 11:05 AM Interest Rate Decision 9.25% 9.25% 9.25% 9.25%


Kazakhstan Money Last Previous Highest Lowest Unit
Interest Rate 9.25 9.25 300.00 5.50 percent [+]
Interbank Rate 10.25 10.25 24.00 0.00 percent [+]
Money Supply M0 2170013.00 2260157.00 2260157.00 2273.00 KZT Million [+]
Money Supply M1 6412273.00 5605009.00 6412273.00 7941.00 KZT Million [+]
Money Supply M2 15842962.00 14467059.00 15842962.00 8197.00 KZT Million [+]
Money Supply M3 21412108.00 20813372.00 21412108.00 8197.00 KZT Million [+]
Foreign Exchange Reserves 29171.00 30580.00 36985.00 642.00 USD Million [+]
Banks Balance Sheet 24538039646.00 24538871341.00 25681510627.00 11557320086.00 KZT Thousand [+]
Central Bank Balance Sheet 9549316.00 9230330.00 9549316.00 65328.00 KZT Million [+]


Kazakhstan Interest Rate

In Kazakhstan, interest rates decisions are taken by The National Bank of Kazakhstan. The National Bank of Kazakhstan official interest rate is the overnight policy rate. Policymakers set the overnight repo rate as the new benchmark on September 2nd, 2015, instead of the refinancing rate, after abandoning the currency peg in August. This page provides the latest reported value for - Kazakhstan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kazakhstan Interest Rate - actual data, historical chart and calendar of releases - was last updated on March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9.25 9.25 300.00 5.50 1992 - 2019 percent Daily




Country Last Previous
Argentina 63.87 Mar/19
Turkey 24.00 Mar/19
Mexico 8.25 Feb/19
Russia 7.75 Feb/19
South Africa 6.75 Feb/19
Brazil 6.50 Mar/19
India 6.25 Feb/19
Indonesia 6.00 Feb/19
China 4.35 Feb/19
Saudi Arabia 3.00 Feb/19
United States 2.50 Mar/19
Canada 1.75 Mar/19
South Korea 1.75 Feb/19
Singapore 1.66 Feb/19
Australia 1.50 Mar/19
United Kingdom 0.75 Feb/19
Euro Area 0.00 Mar/19
France 0.00 Mar/19
Germany 0.00 Mar/19
Italy 0.00 Mar/19
Netherlands 0.00 Mar/19
Spain 0.00 Mar/19
Japan -0.10 Mar/19
Switzerland -0.75 Feb/19


Related

Latest