KZT in the spotlight: latest news

Kazakhstan's National Bank has increased its inflation forecasts for the years 2025 to 2027, reflecting anticipated economic conditions.

Kazakhstan has allocated an additional 7 billion tenge to enhance grain exports. This year, a total of 31 billion tenge from the Government's reserve has been designated to subsidize transportation costs, enabling increased support for the agricultural sector.

The National Bank has updated its inflation forecast for 2025 and 2026. It anticipates inflation rates of 12.0-13.0% for 2025 and 9.5-12.5% for 2026.

Kazakhstan's National Bank has adjusted its inflation forecasts upward for the years 2025 to 2027, attributing this change to stronger-than-anticipated price growth and increasing economic pressures.

The Monetary Policy Committee of the National Bank of Kazakhstan has opted to maintain the base interest rate at 18% due to ongoing inflation pressures.

The National Bank of Kazakhstan has published the findings of its recent macroeconomic survey, which highlights independent expert evaluations of important forecast trends for the country.

ING Group predicts that the National Bank of Kazakhstan will maintain its base rate at 18 percent during the upcoming meeting on November 28.