{
National Bank of Kazakhstan

Companies

}
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001122334455554433221100

Kazakhstan raises interest rates for first time since 2022 amid inflation concerns

Kazakhstan has raised its benchmark interest rate to 15.25% from 14.25%, marking the first increase since 2022. This decision comes amid concerns that a declining national currency could lead to a further rise in inflation, despite economists' expectations for no change.
bloomberg.com
Kazakhstani Tenge National Bank of Kazakhstan KAZ
Finance & Economy, Market Report
06:05 29.11.2024

Kazakhstan's central bank intervenes as tenge hits two-year low

Kazakhstan's central bank is intervening in the market to address the tenge's decline, which has reached its lowest point since March 2022. Officials aim to prevent destabilizing fluctuations, ensure a stable foreign-currency supply, and restore a fair exchange rate. The National Bank is prepared to continue these interventions to maintain normal currency market operations.
bloomberg.com
Kazakhstani Tenge National Bank of Kazakhstan KAZ
Finance & Economy, Market Report
13:25 28.11.2024
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