Kyrgyzstan's central bank maintains 9% interest rate to keep inflation between 5% and 7%.

The National Bank of Kyrgyzstan has kept its key interest rate at 9%, aiming to maintain annual inflation within a target range of 5% to 7%. This decision reflects current economic conditions, including a 9.6% increase in real GDP, driven by construction and services sectors. The move also considers external risks and follows a previous rate reduction from 13% to 11% in April 2024.

November 26, 2024
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