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National Bank of Kyrgyzstan makes decision on base rate

Kyrgyzstan Materials 1 November 2022 10:41 (UTC +04:00)
Aygun Maherramova
Aygun Maherramova
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BAKU, Azerbaijan, November 1. The Board of the National Bank of Kyrgyzstan has decided to keep the base rate unchanged, Trend reports with reference to the press service of the National Bank of Kyrgyzstan.

Taking into account the development conditions of the external and internal economic environment, the National Bank on October 31, 2022, decided to keep the base rate at the level of 14 percent.

"The National Bank will adhere to the current direction of monetary policy until pro-inflationary risks are mitigated. In the event of any risks, the National Bank does not exclude the possibility of making additional adjustments to the ongoing monetary policy," the bank said.

Meanwhile, the next meeting of the Board of the National Bank of Kyrgyzstan regarding the base rate, will be held on November 28, 2022.

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