The main objective of the Bank of Mongolia shall be to ensure stability of the national currency.
Inflation (2018/07)
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2018/06/18
MONETARY POLICY STATEMENT - 2018/02
The Monetary Policy Committee of the Bank of Mongolia decided to keep the policy rate unchanged at 10 percent and set a ceiling on debt to income ratio for personal consumption credits at 70 percent.
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2018/05/03
Members of the Monetary Policy Committee of the Bank of Mongolia have been appointed
At its plenary meeting on May 03, the Mongolia’s Parliament discussed the appointment of independent members of the Monetary Policy Committee.
2018/05/01
Bank of Mongolia purchases 988.8 kg of gold as of April 2018
Since the beginning of 2018, the Bank of Mongolia (BoM) has purchased 3.3 tons of gold, an increase of 257 kg or 8 percent compared to the same period last year. In April, the amount of gold purchased by the BoM totaled 988.8 kg, which is a 27 percent increase compared to April 2017.
2018/04/06
Notice of inviting expression of interest
The Bank of Mongolia (BOM) intends to contract the consultancy service for conducting Special Review of Quasi-Fiscal Policy Activities of the Bank of Mongolia for period of 2012-2016, and invites interested consultants to express interest in undertaking the consultancy.
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