The main objective of the Bank of Mongolia shall be to ensure stability of the national currency.
Inflation (2020/06)
Ulaanbaatar
State
Policy Interest Rate
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2020/08/07
MONETARY POLICY STATEMENT
Extending the maturity of consumer loans
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2020/08/03
Currency swap agreement between the Bank of Mongolia and the People’s Bank of China has been extended until 2023
The Bilateral Currency Swap Arrangement of 15 billion CNY or 6 trillion MNT made between the Bank of Mongolia and the People’s Bank of China has been successfully renewed on July 31st, 2020 for 3 more years until 2023.
2020/07/27
The Inflation Report June 2020
The Bank of Mongolia publishes the Inflation Report each quarter to inform the public on the performance and forecasts of macroeconomic indicators, inflation, near term economic outlook, and factors that influence overall economic outlook
2020/06/26
Monetary Policy Committee decided to: 1) Keep the policy rate unchanged; 2) Reduce remuneration on MNT reserve requirements issued to banks by the amount corresponding to the ratio of foreign currency-denominated (FX) deposits with relatively higher rates...
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