简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Kazakhstan’s central bank appears likely to keep its benchmark interest rate at 14% on Monday as inflationary risks remain elevated, according to analysts surveyed in a Reuters poll.
Four of seven analysts polled by Reuters this week said they saw the rate remaining unchanged, with two forecasting a hike to 14.5% and one expecting an increase to 14.25%.
At its policy meeting last month, the bank held the rate and said it would start “normalising” the Central Asian nations monetary policy next year when inflation begins to subside.
Annual inflation in the oil-exporting former Soviet republic rose to 14.5% in June from 14% in May, while its tenge currency dropped 11% against the dollar last month before stabilising in July.
Price shocks from commodities and global supply chain disruptions are likely to subside in the second half of this year, Eurasian Development Bank analyst Yevgeny Vinokurov said, and inflation could slow to 12% by the end of 2022.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
The UK regulator, the Financial Conduct Authority (FCA), issued a warning against an unauthorized broker named OCTAL TRADE PRO. The FCA declared that the entity may offer or promote financial services or products without its license. The authority shared all the relevant details about this fake firm.
The Association of Tennis Professionals (ATP), a tennis group, recently announced a collaboration with OFX to boost financial services.
Learn how Nonfarm Payrolls (NFP) reports impact Forex market movements, USD currency trends, and Federal Reserve interest rates, which are crucial for traders and financial analysts globally.
PayPal completes its first PYUSD business payment, showcasing the future of stablecoin adoption in global business transactions and cross-border payments.