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

The central bank of Kazakhstan lowered its benchmark interest rate by 25 bps to 9.25 percent on April 16th, 2018. It is the third consecutive rate cut, bringing the borrowing cost to the a new low since mid-2015. Policymakers expect the inflation to continue to slow during 2018 and 2019 and to remain within the target corridor of 5-7 percent in 2018. In March, the inflation edged up to 6.6 percent from 6.5 percent in February. The central bank added that monetary policy conditions continue to tend to neutrality in influencing the economy, keeping a balance between maintaining the price stability and promoting growth. Along with that the National Bank of Kazakhstan will continue the gradual reduction of the base rate, securing the maintenance of the neutral monetary conditions. Interest Rate in Kazakhstan averaged 24.90 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
2018-01-15 11:00 AM Interest Rate Decision 9.75% 10.25% 10.25%
2018-03-05 11:00 AM Interest Rate Decision 9.5% 9.75% 9.75%
2018-04-16 11:15 AM Interest Rate Decision 9.25% 9.5% 9.5%
2018-06-04 11:00 AM Interest Rate Decision 9.25% 9%
2018-07-09 11:00 AM Interest Rate Decision 9%
2018-09-03 11:10 AM Interest Rate Decision 8.75%


Kazakhstan Money Last Previous Highest Lowest Unit
Interest Rate 9.25 9.50 300.00 5.50 percent [+]
Money Supply M0 1810244.00 1794473.00 1946338.00 2273.00 KZT Million [+]
Money Supply M1 4807409.00 4807891.00 5476568.00 7941.00 KZT Million [+]
Money Supply M2 13351482.00 13291605.00 14083769.00 8197.00 KZT Million [+]
Money Supply M3 18631041.00 18692808.00 20508529.00 8197.00 KZT Million [+]
Foreign Exchange Reserves 31791.00 30649.00 36985.00 642.00 USD Million [+]
Banks Balance Sheet 23768636918.00 23607231127.00 25681510627.00 11557320086.00 KZT Thousand [+]
Interbank Rate 10.25 10.25 24.00 0.00 percent [+]
Central Bank Balance Sheet 6338617.00 6521485.00 7872657.00 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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
9.25 9.50 300.00 5.50 1992 - 2018 percent Daily




interest rate by Country
Country Last
Turkey 8.00 Apr/18
Mexico 7.50 May/18
Russia 7.25 Apr/18
Brazil 6.50 May/18
India 6.00 Apr/18
Indonesia 4.50 May/18
China 4.35 Apr/18
United States 1.75 May/18
Australia 1.50 May/18
South Korea 1.50 Apr/18
Canada 1.25 Apr/18
United Kingdom 0.50 May/18
Euro Area 0.00 Apr/18
France 0.00 Apr/18
Germany 0.00 Apr/18
Italy 0.00 Apr/18
Netherlands 0.00 Apr/18
Spain 0.00 Apr/18
Japan -0.10 Apr/18
Switzerland -0.75 Apr/18


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