FX.co ★ Tajikistan Trims Key Rate to 8.25%

In its April 2025 meeting, the National Bank of Tajikistan reduced the key refinancing rate by 50 basis points to 8.25%. This marks the second consecutive rate reduction since the beginning of the year. The decision was influenced by inflation rates being at the lower end of the central bank’s target range, alongside assessments of both domestic and global commodity prices. Notably, the annual inflation rate decreased to 3.4% in March, a six-month low, down from 3.6% in February.