Kazakhstan Interest Rate  1992-2018 | Data | Chart | Calendar | Forecast

The central bank of Kazakhstan lowered its benchmark interest rate by 50 bps to 9.75 percent on January 15th of 2018. It is the first rate cut in five months amid signs of slowing inflation and weak recovery in domestic demand. Also, external conditions were assessed more favorable, namely due to stable oil prices and low price pressures. Inflation declined to 7.1 percent in December, the lowest in three months, below the expected level around 7.5%-7.7%. Policymakers added that expectations regarding inflation remained within the target 5-7 percent for 2018. Other rate cuts will depend on the situation in the world markets and major trading partners, as well as stabilization of the domestic economy. Interest Rate in Kazakhstan averaged 25.27 percent from 1992 until 2018, reaching an all time high of 300 percent in March of 1994 and a record low of 5.50 percent in August of 2012.

Kazakhstan Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-10-09 12:00 PM Interest Rate Decision 10.25% 10.25% 10.25%
2017-11-27 11:05 AM Interest Rate Decision 10.25% 10.25% 10.25%
2018-01-15 11:00 AM Interest Rate Decision 9.75% 10.25% 10.25%
2018-02-20 11:13 AM Interest Rate Decision 9.75%
2018-03-05 11:00 AM Interest Rate Decision
2018-04-10 11:15 AM Interest Rate Decision


Kazakhstan Money Last Previous Highest Lowest Unit
Interest Rate 9.75 10.25 300.00 5.50 percent [+]
Money Supply M0 1766492.00 1778145.00 1869034.00 2273.00 KZT Million [+]
Money Supply M1 4917595.00 4991002.00 5476568.00 7941.00 KZT Million [+]
Money Supply M2 13557746.00 13632260.00 14083769.00 8197.00 KZT Million [+]
Money Supply M3 19375573.00 19825603.00 20508529.00 8197.00 KZT Million [+]
Foreign Exchange Reserves 31115.00 31428.00 36985.00 642.00 USD Million [+]
Banks Balance Sheet 24088753053.00 23822807125.00 25681510627.00 11557320086.00 KZT Thousand [+]
Interbank Rate 10.68 11.18 24.00 0.00 percent [+]
Central Bank Balance Sheet 7078622.00 7175529.00 7175529.00 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
9.75 10.25 300.00 5.50 1992 - 2018 percent Daily




interest rate by Country
Country Last
Turkey 8.00 Dec/17
Russia 7.75 Dec/17
Mexico 7.25 Dec/17
Brazil 7.00 Dec/17
India 6.00 Dec/17
China 4.35 Nov/17
Indonesia 4.25 Dec/17
Australia 1.50 Dec/17
South Korea 1.50 Jan/18
United States 1.50 Dec/17
Canada 1.25 Jan/18
United Kingdom 0.50 Dec/17
Euro Area 0.00 Dec/17
France 0.00 Dec/17
Germany 0.00 Dec/17
Italy 0.00 Dec/17
Netherlands 0.00 Dec/17
Spain 0.00 Dec/17
Japan -0.10 Dec/17
Switzerland -0.75 Dec/17


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