Business

Kazakh National Bank Lowers Base Rate as Inflation Continues to Ease

By Ayana Birbayeva on 24 July 2026

ALMATY – The National Bank of Kazakhstan (NBK) cut its base rate to 16.75% on July 24, citing nine consecutive months of slowing inflation, while Governor Timur Suleimenov said policymakers would continue to base future decisions on incoming economic data rather than follow a predetermined easing path. The NBK...