Business

Kazakhstan Holds Base Rate at 18% as Inflation Eases But Risks Persist

ASTANA — The National Bank of Kazakhstan kept its base rate at 18.0% per annum, with a corridor of plus or minus 1 percentage point, according to the bank’s statement released on April 24. Annual inflation slowed to 11.0% in March from 11.7% in February. Food inflation eased to...

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