National Bank's current key rate to keep inflation within target

AKIPRESS.COM - The current key rate of the National Bank will keep inflation within the target, according to the monthly macroeconomic review of the Eurasian Development Bank.
In May 2020, the National Bank of the Kyrgyz Republic kept its key rate at 5%.
Short-term inflationary risks present at the beginning of the year weakened by mid-May as domestic demand has declined due to social distancing measures both within the country and in countries-trading partners.
This affected the income from labor activities and remittances of migrant workers, the report says.