Business

Kazakh National Bank Lowers Base Rate to 17%

By Dana Omirgazy on 5 June 2026

ASTANA – The Monetary Policy Committee of Kazakhstan’s National Bank decided on June 5 to set the base rate at 17% per year, with a ±1 percentage-point corridor, citing updated macroeconomic forecasts and easing inflationary pressures. Annual inflation continued to slow, reaching 10.4% in May, down from a peak...