BANK OF MONGOLIA /Central bank of Mongolia/
Address: Baga toiruu-3, 15160 Ulaanbaatar-46, Mongolia Fax: 976-11-311471
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From Apr 18, 2011
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See also:
Regulations on Banking Supervision
Financial Sector in Mongolia—Transition to a Market Economy Built on Successful Financial Reforms
Commercial Banks
Frontier Securities News
BOM: Not possible to accept request to appreciate the exchange rate
BoM Governor: Real economic overheating, high inflation, appreciation of real exchange rate of MNT, increasing state, Dutch disease
Inflation is to be about 13% by year-end, economic growth 20%
Trade turnover almost doubles in 2011Q3 YTD due to favorable commodity prices and shooting imports
BOM policy rate increase; Information on external sector of Mongolia
According to Bank of Mongolia Sep 2011 Monetary Bulletin
3G Mongolian economy: GDP grew 16.7% yoy in 2011 Q3, double digit inflation is back
Total industrial output up 8.9%, inflation back to single digits, M2 up 62% yoy, trade deficit up 7.6 times yoy
3G Mongolian economy: GDP up 14.3% in 2011 H1
2011 Q1 results of banking market dominating trio
In-n-out FX liquidity increased 1.7 times yoy...