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ALMATY. May 12. KAZINFORM /Dauren Zhailin/ Taking into consideration the tendencies on the financial market and reduction of annual rate of inflation, the Board of the National Bank of Kazakhstan decided to establish an official rate of refinancing at 9% per annum. Chairman of the Board of the National Bank Grigory Marchenko has said it at a press conference on the situation on the country’s financial market in Almaty today. “The National Bank will cut the refinancing rate in future if inflation lowers again”, the Head of the Bank noted. In whole, in accordance with the data of the Kazakh Statistics Agency, in April inflation made 0.8% (0.9% in April 2008). The prices for food have risen by 1.1%, non-food products – by 0.9% and paid services – by 0.4%.


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