Timur Suleymenov, who was appointed as the new chairman of the National Bank of Kazakhstan on September 4, shared his thoughts on the possibility of the base rate decreasing, the Ulysmedia website reported.
«Inflation is the most dangerous process for our economy. We have to decide on this first. We will decrease the rate if the necessary conditions emerge,» Suleymenov said.
He also promised to answer questions from the media and explain his monetary policy stance a little bit later.
At the end of August, the National Bank, headed at the time by Galymzhan Pirmatov...