National Bank of Kazakhstan raises interest rate to 9.75%

National Bank of Kazakhstan raises interest rate to 9.75%
timeskz.kz

The National Bank of Kazakhstan raised the interest rate up to 9.75 percent. This decision was made amidst the increasing inflation and rising prices on world markets. In September, the annual inflation in Kazakhstan was 8.9 percent. The National bank’s next planned decision on the interest rate will be announced on December 6.