Kazakhstan has increased its interest rates by 1,410.75 percentage points, from 14.25% to an annual rate of 1,425%.
The key rates a tool used by Central Banks to implement monetary policy.
An increase in interest rates is used to slow down inflation and protect the currency.
This change is the first to have taken place since on July15th 2024, when the Central Bank lowered interest rates by 0.25 percentage points to 14.25%.
Here we show you the progression of interest rates in Kazakhstan. You can see interest rates in other countries in interest rates and see all the economic information about Kazakhstan in Kazakhstan economy.