National Bank of Kyrgyzstan raises key interest rate to 10 pct

BISHKEK, Oct. 28 (Xinhua) -- The Board of the National Bank of Kyrgyzstan has raised its key interest rate by 75 basis points to 10 percent, effective from Tuesday.

According to a statement on the bank's website, the decision aims to curb inflationary pressures and ensure price stability in the medium term. Since the beginning of 2025, inflation in Kyrgyzstan has reached 6.2 percent, with a year-on-year rate of 8.4 percent.