28.11.2024, 11:47

Kazakhstan National Bank likely to maintain base rate at 14.25% amid inflation and economic challenges

ASTANA. Nov 28 (Interfax-Kazakhstan) - Kazakhstan's National Bank is expected to keep its base rate unchanged at 14.25% when it announces its decision on November 29, 2024, according to analysts surveyed by Interfax-Kazakhstan. Given the ongoing inflationary pressures and exchange rate fluctuations, most experts believe the central bank will adopt a cautious approach and maintain the rate at its current level.

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Kazakhstan National Bank likely to maintain base rate at 14.25% amid inflation and economic challenges

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