National Bank of Kyrgyzstan keeps refinancing rate at 9% amid inflation target and robust economic growth.

The National Bank of Kyrgyzstan has kept its refinancing rate at 9%, anticipating inflation to remain within the target range of 5-7% by year-end. As of October 2024, annual inflation has decreased to 4.6%, down from 7.3% in December 2023. The economy is experiencing robust growth, with real GDP rising by 8.4% from January to September 2024, driven by increased investment and consumer demand.

October 29, 2024
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