Kyrgyz central bank raises rates 150 basis points

A view of Bishkek

The board of the central bank of Kyrgyzstan raised the policy rate 150 basis points on February 28, to 10%.

In its official statement, the National Bank of the Kyrgyz Republic cited “geopolitical risks”, almost certainly referring to the Russian invasion of Ukraine.

However, high inflation has been a persistent feature of the Kyrgyz economy for most of the past two years. The central bank has been steadily tightening monetary policy since February 2021.

The NBKR increased its policy rate four

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: