The positive dynamics of the external market conditions, as well as the stabilization of oil prices played a major role in reducing the base rate of the Kazakh national currency tenge. The regulator took a decision to lower its key interest rate to 12.5%. The range of the interest rate corridor remained unchanged at +/- 1%. Interest rates for operations on liquidity withdrawal and liquidity provision range between 11.5% and 13.5%. The National Bank took the decision to reduce its base rate at the beginning of October.

 

 

 

Photo: kapital.kz

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