The main objective of the Bank of Mongolia shall be to ensure stability of the national currency.
Inflation (2019/06)
Ulaanbaatar
State
Policy Interest Rate
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2019/06/24
The Bank of Mongolia awarded the CYFI “Best Collaborator 2019” award
The 8th annual Global Inclusion Awards Ceremony was held on 19 June 2019 as part of the 5th Child & Youth Finance International Global Summit on 19-20 June in Johannesburg, South Africa.
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2019/06/19
MONETARY POLICY STATEMENT
Inflation is expected to be around its target level, given the external environment and domestic economic outlook. As of May 2019, annual inflation rate has reached 7.9 percent nationwide.
2019/05/17
CHART PACK - Graphs on the Mongolian economy and financial markets
The Chart Pack summarises macroeconomic and financial market trends in Mongolia and provides some information about developments for our main trading partners. The graphs in the Chart Pack are updated quarterly.
2019/05/03
OP Ed: A Better Alternative to Interest Rate Caps
The Mongolian Parliament is currently discussing the introduction of interest rate caps on lending rates by financial institutions. An interest rate cap is a ceiling on lending rates with the purported aim of lowering the cost of borrowing and protecting borrowers from predatory lending practices.
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