The Board of the National Bank of Kyrgyzstan decided to maintain the amount of the discount rate at the level of 13 percent. This was announced at a press conference in Bishkek by the official representative of the National Bank Aida Karabaeva.
The decision was made taking into account the development trends of the economic situation in the internal and external environment.
“I would like to note that the conducted course of monetary policy is still aimed at restricting the index factors in the economy of the Kyrgyz Republic,” she said.
In July 2023, inflation in annual terms amounted to 10.3 percent.
Karabaeva noted that in general, the accumulated effect of previously taken measures in the field of monetary policy allows you to soften potential risks of inflation.