Kazakhstan Interest Rate  1992-2016 | Data | Chart | Calendar | Forecast

The National Bank of Kazakhstan cut its benchmark interest rate by 200 bps to 15 percent on May 5th, with a symmetric interest rate corridor of +/- 1 percentage points. Policymakers said that inflation expectations have declined, the recovery of market confidence in tenge-denominated assets gained strength,and the cost of hedging foreign currency risks have decreased. Although the inflation remained high and reached 16.3 percent in April, it is expected to slow down to 6-8 percent by the end of 2016. Interest Rate in Kazakhstan averaged 27.09 percent from 1992 until 2016, reaching an all time high of 300 percent in March of 1994 and a record low of 5.50 percent in August of 2012. Interest Rate in Kazakhstan is reported by the The National Bank of Kazakhstan.

Kazakhstan Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
15.00 17.00 300.00 5.50 1992 - 2016 percent Daily
In Kazakhstan, interest rates decisions are taken by The National Bank of Kazakhstan. The National Bank of Kazakhstan official interest rate is the overnight policy rate. Policymakers set the overnight repo rate as the new benchmark on September 2nd, 2015, instead of the refinancing rate, after abandoning the currency peg in August. This page provides the latest reported value for - Kazakhstan Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Kazakhstan Interest Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-05 11:10 AM Interest Rate Decision 15% 17% 17%
2016-06-06 11:00 AM Interest Rate Decision 15% 15%
2016-07-11 11:00 AM Interest Rate Decision 11%
2016-08-15 11:00 AM Interest Rate Decision 9%

Kazakhstan Money Last Previous Highest Lowest Unit
Interest Rate 15.00 17.00 300.00 5.50 percent [+]
Money Supply M0 1302768.00 1237519.00 1528077.00 2273.00 KZT Million [+]
Money Supply M1 3587424.00 3140502.00 3993464.00 7941.00 KZT Million [+]
Money Supply M2 9738469.00 8783375.00 9752992.00 8197.00 KZT Million [+]
Money Supply M3 17787740.00 17428774.00 17787740.00 8197.00 KZT Million [+]
Foreign Exchange Reserves 29532.00 28496.00 36985.00 642.00 USD Million [+]
Banks Balance Sheet 23944080278.00 23705824434.00 24512712284.00 11557320086.00 KZT Thousand [+]
Interbank Rate 15.88 16.00 24.00 0.00 percent [+]
Central Bank Balance Sheet 5763953.00 6439788.00 6439788.00 65328.00 KZT Million [+]




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