National Bank of Kyrgyzstan Holds Benchmark Interest Rate Steady at 12%

Kyrgyzstan's central bank has decided to maintain its key interest rate at 12 percent, effective May 26. This decision is supported by robust economic growth, with real GDP expanding significantly in the first four months of the year. The central bank's objective is to mitigate external inflationary pressures and steer inflation towards its target range of 5-7 percent.