BISHKEK, Jan. 27 (Xinhua) -- The National Bank of Kyrgyzstan has decided to maintain its key interest rate at 11 percent, the bank's press service said Tuesday.
Inflation in Kyrgyzstan as of Jan. 16 was 9.4 percent in annual terms. The bank said its primary monetary policy objective remains to bring inflation back to the target range of 5-7 percent in the medium term.
The inflation outlook stays sensitive to external factors, including high volatility in global food and commodity markets, said the service, adding that domestic inflationary pressures are largely driven by non-monetary factors, such as the planned adjustment of regulated tariffs and increased internal demand.
According to the bank, the Kyrgyz economy continues to show strong growth, and real gross domestic product is expected to increase 11.1 percent in 2025. ■
