ALMATY, April 7 (Reuters) - Kazakhstan's central bank
kept its policy rate unchanged at 16.75% on Friday, saying
growing state spending and expected fuel and energy price
increases would keep inflationary pressure high in the near
term.
The bank said it continued to believe there was no space for
monetary easing in the second quarter.
(Reporting by Mariya Gordeyeva
Writing by Olzhas Auyezov
Editing by David Goodman
)
Messaging: olzhas.auyezov.thomsonreuters.com@reuters.net))
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