Tajikistan Interest Rates


Last ReleaseJan 31, 2026
Previous7.5
FrequencyDaily
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In Tajikistan, interest rate decisions are taken by the National Bank of Tajikistan. The official interest rate is the refinancing rate.

Latest Updates

The National Bank of Tajikistan lowered its key refinancing rate by 25 basis points to 7.50% during its October meeting, bringing borrowing costs to their lowest level since 2014. The decision follows a continued downward trend in inflation, which fell to 2.8% in September, its lowest level since July 2023 and below the central bank’s target range of 3%-7%. Meanwhile, real GDP growth remained robust, reaching 8.2% between January and August 2025, supporting the central bank’s more accommodative policy stance.

Historical Data

HighestLowestAverageDate RangeSource
18.064.810.63 %2003-2026National Bank of Tajikistan
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