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The National Bank of Kazakhstan will establish an analytical center.

The National Bank of Kazakhstan will establish a subsidiary dedicated to conducting a comprehensive analysis of macroeconomic factors, assessing the development of various economic sectors, and formulating recommendations to enhance competitiveness, as reported by Bizmedia.kz.
The National Bank of Kazakhstan will establish an analytical center.

The decision to establish the center was made on February 24 in Astana. According to the document published on KASE, the analytical center will provide expert support to the country's leadership and the National Bank.

The head of the National Bank, Timur Suleimenov, previously emphasized that there is no monopoly on analytics; however, the decisions regarding the base rate are made specifically by the National Bank as a state authority.

During the last board meeting, key issues were discussed:

  • The situation in the monetary and foreign exchange markets – a report on the current state was presented.
  • The results of the trust management of the National Fund for Q4 2024:
  • Foreign currency assets of the fund – 58.8 billion USD.
  • Investment income – 4.6 billion USD (7.6%).
  • Since the fund's inception, its accumulated yield has reached 128% (an average of 3.55% per annum).

Changes in currency regulation:

  • The deadlines for banks to submit reports on currency transactions have been shortened.
    The list of operations subject to financial monitoring has been expanded due to the risks of evasion from currency legislation.
  • Limits have been set for the deviation of the purchase rate from the sale of currency at exchange points:
    U.S. Dollar – no more than 7 tenge.
    Euro – no more than 10 tenge.

The National Bank continues to enhance the analysis of the economy, increase the transparency of the financial sector, and implement new mechanisms for regulating the currency market.