The National Bank of the Kyrgyz Republic left its benchmark interest rate on hold at 4.75 percent on November 27th, 2018. The central bank also kept its overnight credit at 6 percent while deposit rate was raised by 50 basis points to 0.75 percent. Interest Rate in Kyrgyzstan averaged 6.39 percent from 2011 until 2018, reaching an all time high of 13.73 percent in December of 2011 and a record low of 2.64 percent in December of 2012.
Interest Rate in Kyrgyzstan is expected to be 4.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Kyrgyzstan to stand at 4.75 in 12 months time. In the long-term, the Kyrgyzstan Interest Rate is projected to trend around 4.50 percent in 2020, according to our econometric models.