The main objective of the Bank of Mongolia shall be to ensure stability of the national currency.
Inflation (2018/10)
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2018/11/27
Monetary policy statement
At the unscheduled meeting held on 27 November 2018, the Monetary Policy Committee decided to increase the Policy rate by 1.0 percentage point to 11 percent. The Bank of Mongolia decided to issue central bank bills with maturities of 28 weeks, starting from December 2018.
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2018/11/15
The Parliament of Mongolia has Approved the State Guideline for the Monetary Policy of 2019
On November 18th Parliament of Mongolia has approved the State Guideline for the Monetary Policy of 2019. The main focus of the policy for the next year will be implementation of financial and economic stability as well as taking policy steps to create legal environment for financial consumer protection.
2018/11/06
Series of books on the history of nomads’ payment instruments were issued
Through the initiative of the Bank of Mongolia and the cooperation of national antique and cultural artefact researcher and collector, three series of historical work has been created for readers and those who have interest in history of payment instruments.
2018/11/01
Specialists from Germany will organize theoretical and practical joint training for Mongolian banking sector employees
Ceremony for the “Memorandum of Cooperation” signing was held among Bank of Mongolia, Mongolian Bankers Association, The Federal Republic of Germany’s “Sparkasse” bank fund, and “Ostprignitz-Ruppin Sparkasse” bank on 1st of November.
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