The daily series since the start of the month runs 440.86 on 1 October, 441.91 on 2 October, 447.73 from 3 October through Monday 5 October, 454.98 on 6 October, 453.65 on 7 October, 447.14 on 8 October, 448.94 on 9 October, 453.93 from 10 October through Monday 12 October, 451.31 on 13 October, 448.45 on 14 October, 450.62 on 15 October and 454.14 on 16 October, by the National Bank’s published rates.
For 16 October the euro’s rate rose 5.03 to 509.23, the rouble’s 0.05 to 5.41 and the yuan’s 0.54 to 67.87. Kazinform reported the dollar strengthening to 454 tenge in exchange trading on Thursday afternoon, a day before the official rate reached that level.
The survey the bank published on Thursday is of outside analysts and carries no forecast of the bank’s own, the bank noted. The 14 respondents, market participants, research institutes, international organisations and rating agencies, raised the Brent scenario for 2026 from $82.7 to $88.4 a barrel, for 2027 from $75 to $80 and for 2028 from $73.7 to $75.
For 16 October the euro’s rate rose 5.03 to 509.23, the rouble’s 0.05 to 5.41 and the yuan’s 0.54 to 67.87.
Their inflation forecasts fell on the whole horizon: for 2026 from 10% to 9.5%, for 2027 from 8.5% to 8.3% and for 2028 from 7% to 6.9%. The median base-rate expectation for the end of 2026 is 15.9%, against 16.0% in the previous survey, while the forecast for 2027 rose from 13% to 13.3% and for 2028 from 10.5% to 11.5%. GDP growth is seen at 4.8% in 2026, 4.7% in 2027 and 4.4% in 2028.
Inflation was 9.3% in September and the base rate stands at 16.25%. The bank’s next rate decision is due on 23 October.