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Kazakh central bank seen keeping policy rate at 14%: Reuters Poll
Abstract：Kazakhstan’s central bank appears likely to keep its benchmark interest rate at 14% on Monday as inflationary risks remain elevated, according to analysts surveyed in a Reuters poll.
Four of seven analysts polled by Reuters this week said they saw the rate remaining unchanged, with two forecasting a hike to 14.5% and one expecting an increase to 14.25%.
At its policy meeting last month, the bank held the rate and said it would start “normalising” the Central Asian nations monetary policy next year when inflation begins to subside.
Annual inflation in the oil-exporting former Soviet republic rose to 14.5% in June from 14% in May, while its tenge currency dropped 11% against the dollar last month before stabilising in July.
Price shocks from commodities and global supply chain disruptions are likely to subside in the second half of this year, Eurasian Development Bank analyst Yevgeny Vinokurov said, and inflation could slow to 12% by the end of 2022.
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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Switch Markets Review: Do Traders Face Deposit Discrepancies and Account-related Issues?
Do you fail to deposit your funds into the Switch Markets forex trading account? Earned profits, withdrew them too, but did Switch Markets block your deposits? Wanted to close your trading account due to payment-related issues, but in turn got your emails blocked by the Australia-based forex broker? Faced a negative trading account balance because of illegitimate trade order execution? Many traders have shared these stories about Switch Markets on broker review platforms. In this Switch Markets review article, we have mentioned the same. Read on!
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You're asking a direct and important question: Is IEXS safe or a scam? As someone who might trade with them or already does, this is the most important research you can do. While IEXS says it is a global broker with over ten years of experience, a detailed look at its regulatory status and many user reviews shows serious warning signs that cannot be ignored. The evidence suggests a high-risk situation for traders' capital. This review will examine the available information, from official regulatory warnings to concerning first-hand user complaints, to give you a clear and fact-based view of the risks involved in trading with IEXS. Our goal is to give you the facts you need to make a smart decision.
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Having Trouble Getting Your Funds Out of IEXS? A Simple Guide to Delays and Solutions
Are you having trouble withdrawing funds from your IEXS account or facing delays getting your funds? Not being able to access your own capital is one of the most stressful situations any trader can face. It breaks down your basic trust with a broker. This isn't just annoying - it's a serious problem that can mess up your financial plans and cause a lot of worry. This guide goes beyond basic advice. We'll look at real user experiences and official regulatory information to give you clear answers. Our goal is to help you understand why IEXS withdrawal problems happen and show you practical steps you can take. We understand your concerns and want to give you the information you need to handle this tough situation.
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