The National Bank of Tajikistan left its benchmark interest rate unchanged at 13.25% during its May of 2022 meeting, saying an accommodative monetary policy stance remained appropriate, while ensuring that inflation remains within the target going forward. The country's annual inflation rate accelerated to 7.3 percent in March of 2022 from 7.1 percent in February, within the central bank's target range of 4-8%. source: National Bank of Tajikistan

Interest Rate in Tajikistan averaged 10.78 percent from 2003 until 2022, reaching an all time high of 18.06 percent in October of 2003 and a record low of 4.80 percent in January of 2014. This page provides the latest reported value for - Tajikistan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Tajikistan Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Interest Rate in Tajikistan is expected to be 14.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Tajikistan Interest Rate is projected to trend around 12.50 percent in 2023, according to our econometric models.

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Tajikistan Interest Rate



Related Last Previous Unit Reference
Interest Rate 13.25 13.25 percent May 2022
Money Supply M1 25945.95 24282.53 TJS Thousand May 2022
Money Supply M0 24747.99 23030.74 TJS Thousand May 2022
Money Supply M2 29562.02 27888.97 TJS Thousand May 2022

Tajikistan Interest Rate
In Tajikistan, interest rate decisions are taken by the National Bank of Tajikistan. The official interest rate is the refinancing rate.
Actual Previous Highest Lowest Dates Unit Frequency
13.25 13.25 18.06 4.80 2003 - 2022 percent Daily

News Stream
Tajikistan Keeps Interest Rate at 13.25%
The National Bank of Tajikistan left its benchmark interest rate unchanged at 13.25% during its May of 2022 meeting, saying an accommodative monetary policy stance remained appropriate, while ensuring that inflation remains within the target going forward. The country's annual inflation rate accelerated to 7.3 percent in March of 2022 from 7.1 percent in February, within the central bank's target range of 4-8%.
2022-05-17
Tajikistan Holds Key Policy Rate at 13.25%
The National Bank of Tajikistan kept its benchmark interest rate unchanged at 13.25% during an unscheduled meeting on February 11th 2022, aiming to support the domestic recovery from the Covid-19 crisis as inflationary pressure eased. The country's annual inflation rate stood at an over one-year low of 8% in December of 2021, within the central bank's target range of 4-8%.
2022-02-11
Tajikistan Raises Key Interest Rate by 25Bps to 13.25%
The National Bank of Tajikistan hiked its benchmark interest rate by 25 bps to 13.25 percent during its October meeting, bringing borrowing costs to the highest level since November 2019 amid growing concerns over inflationary pressure. The country's annual inflation rate rose to 9.6 percent in September from 9.4 percent in the previous month and above the central bank's target range of 4-8 percent.
2021-10-25