National Bank of Kazakhstan to ensure price stability and keep inflation within range of 6-8%
2012-12-05 17:03:32
The main goal of monetary policy of the National Bank of Kazakhstan in the medium term is to ensure price stability and keep inflation within the range of 6-8%, Chairman of the National Bank of Kazakhstan Grigory Marchenko informed today in Almaty at the online conference. According to him, the inflation rate in 2013 will be comparable with the figures of 2012, Kazinform reports.
The main bank of the country has a classic set of tools, the use of which is directed to flexible control of the money supply in the economy.
"In the event the inflationary pressures occur in the economy, the National Bank will change the nature of the monetary policy in the direction of tightening," said Marchenko.