Kyrgyzstan Interest Rate

The benchmark interest rate in Kyrgyzstan was last recorded at 6 percent. Interest Rate in Kyrgyzstan is reported by the National Bank of the Kyrgyz Republic. Interest Rate in Kyrgyzstan averaged 6.17 Percent from 2011 until 2014, reaching an all time high of 13.73 Percent in December of 2011 and a record low of 2.64 Percent in December of 2012. In Kyrgyzstan, interest rate decisions are taken by the National Bank of the Kyrgyz Republic. The official interest rate is the discount rate. This page provides - Kyrgyzstan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-17

Actual Previous Highest Lowest Forecast Dates Unit Frequency
6.00 4.47 13.73 2.64 3.75 | 2014/02 2011 - 2014 Percent Monthly

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Kyrgyzstan Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Foreign Exchange Reserves 111693.33 2014-02-28 113129.63 113129.63 6466.23 112575.14 2014-03-31 KGS Million [+]
Interest Rate 6.00 2014-03-01 4.47 13.73 2.64 3.75 2014-02-28 Percent [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

Kyrgyzstan Inflation Rate at 6.30 Percent  
The inflation rate in Kyrgyzstan was recorded at 6.30 percent in March of 2014. Inflation Rate in Kyrgyzstan is reported by the National Statistical Committee of Kyrgyz Republic.
Kyrgyzstan Current Account at -465.30 USD Million  
Kyrgyzstan recorded a Current Account deficit of 465.30 USD Million in the third quarter of 2013. Current Account in Kyrgyzstan is reported by the National Bank of the Kyrgyz Republic.
Kyrgyzstan GDP Constant Prices at 310471.30 KGS Million  
GDP Constant Prices in Kyrgyzstan increased to 310471.30 KGS Million in 2012 from 285989.10 KGS Million in 2011. GDP Constant Prices in Kyrgyzstan is reported by the National Statistical Committee of Kyrgyz Republic.
Kyrgyzstan Foreign Exchange Reserves at 111693.33 KGS Million  
Foreign Exchange Reserves in Kyrgyzstan decreased to 111693.33 KGS Million in February of 2014 from 113129.63 KGS Million in January of 2014. Foreign Exchange Reserves in Kyrgyzstan is reported by the National Bank of the Kyrgyz Republic.
Kyrgyzstan Interest Rate at 6.00 Percent  
The benchmark interest rate in Kyrgyzstan was last recorded at 6 percent. Interest Rate in Kyrgyzstan is reported by the National Bank of the Kyrgyz Republic.
Kyrgyzstan Sales Tax Rate | VAT at 12.00 Percent  
The Sales Tax Rate in Kyrgyzstan stands at 12 percent. Sales Tax Rate in Kyrgyzstan is reported by the State Tax Service.
Kyrgyzstan Balance of Trade at -307.84 USD Million  
Kyrgyzstan recorded a trade deficit of 307.84 USD Million in November of 2013. Balance of Trade in Kyrgyzstan is reported by the National Bank of the Kyrgyz Republic.
Kyrgyzstan Industrial Production at 44.00 Percent  
Industrial Production in Kyrgyzstan increased 44 percent in December of 2013 over the same month in the previous year. Industrial Production in Kyrgyzstan is reported by the National Statistical Committee of Kyrgyz Republic.
Kyrgyzstan Exports at 250.63 USD Million  
Exports in Kyrgyzstan increased to 250.63 USD Million in November of 2013 from 239.78 USD Million in October of 2013. Exports in Kyrgyzstan is reported by the National Bank of the Kyrgyz Republic.
Kyrgyzstan Imports at 558.50 USD Million  
Imports in Kyrgyzstan increased to 558.50 USD Million in November of 2013 from 530.50 USD Million in October of 2013. Imports in Kyrgyzstan is reported by the National Bank of the Kyrgyz Republic.
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