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Saturday, January 20, 2024

Half Percentage Point Cut in Kazakhstan’s Central Bank Interest Rate

The National Bank of Kazakhstan’s base rate has been lowered for the fourth time since last July. The 50-basis point decline to 15.25% brings the cumulative drop so far to 150 basis points and has been justified by the deceleration of consumer price inflation to 9.8% in December from 21.3% ten months earlier. According to […]

* This article was originally published here

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