1 MONGOLIA’S “TOP-100” BUSINESSES OF 2024 RECOGNIZED WWW.MONTSAME.MN PUBLISHED:2025/07/04      2 MONGOLIA’S WWII LEGACY: ASSET OR LIABILITY IN 2025? WWW.THEDIPLOMAT.COM PUBLISHED:2025/07/04      3 UNDP LAUNCHES GRANTS TO STRENGTHEN CIVIC PARTICIPATION AND PUBLIC SERVICE INTEGRITY IN MONGOLIA WWW.UNDP.ORG PUBLISHED:2025/07/04      4 ION ANNOUNCES CLOSING OF DEBT SETTLEMENT AND UPDATE ON JOINT VENTURE ON URGAKH NARAN PROJECT WWW.STOCKTITAN.NET  PUBLISHED:2025/07/04      5 WOMEN’S 3X3 BASKETBALL TEAM CLIMBS TO WORLD NO. 5 WWW.UBPOST.MN PUBLISHED:2025/07/04      6 MONGOLIA RECORDS 24 MODERATE EARTHQUAKES IN FIRST HALF OF 2025 WWW.MONTSAME.MN PUBLISHED:2025/07/04      7 FLIGHTS BETWEEN MOSCOW, ULAANBAATAR TO BE RESUMED BY YEAR-END WWW.TASS.COM PUBLISHED:2025/07/04      8 EMPEROR MEETS REPORTERS AHEAD OF VISIT TO MONGOLIA WWW.3.NHK.OR.JP PUBLISHED:2025/07/03      9 WOOD ADVANCES RARE EARTH ELEMENTS PROJECT IN MONGOLIA WWW.MININGWEEKLY.COM  PUBLISHED:2025/07/03      10 THE BANK OF MONGOLIA PURCHASES 5.9 TONS OF PRECIOUS METALS IN FIRST HALF OF 2025 WWW.MONTSAME.MN PUBLISHED:2025/07/03      ХӨРӨНГӨ ОРУУЛАГЧДЫГ ХУРЛААР БУС, ХУУЛИАР УРЬДАГ ЮМ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/07/04     НҮҮРС ТЭЭВРИЙГ ХОЛИМОГ ТЭЭВРЭЭР ГҮЙЦЭТГЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/07/04     ВАЛЮТЫН НӨӨЦ 5.2 ТЭРБУМ АМ.ДОЛЛАРТ ХҮРЛЭЭ WWW.NEWS.MN НИЙТЭЛСЭН:2025/07/04     УСНЫ САН БҮХИЙ ГАЗАРТ ТҮГЭЭМЭЛ ТАРХАЦТАЙ АШИГТ МАЛТМАЛЫН ТУСГАЙ ЗӨВШӨӨРӨЛ ОЛГОХЫГ ХОРИГЛОНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/07/04     КУВЕЙТ ЗАМ, ТЭЭВЭР, ДЭД БҮТЦИЙН САЛБАРТ ИДЭВХТЭЙ ХАМТРАН АЖИЛЛАХАА ИЛЭРХИЙЛЭВ WWW.ZINDAA.MN НИЙТЭЛСЭН:2025/07/04     “ӨНДӨРХААН НИСЭХ БУУДАЛ” НЭЭЛТЭЭ ХИЙЛЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/07/04     П.САЙНЗОРИГ: МАНАЙ УЛСЫН ГАДААД ПАСПОРТ ХҮЧИРХЭГ БАЙДЛЫНХАА ЭРЭМБЭЭР 69 ДҮГЭЭР БАЙРТ ЖАГСАЖ БАЙНА WWW.EAGLE.MN НИЙТЭЛСЭН:2025/07/04     Г.ЗАНДАНШАТАР: ХҮН ТӨВТЭЙ ХАНДЛАГА ТӨРИЙН АЛБАНЫ, ТӨРИЙН АЛБАН ХААГЧИЙН ҮНДСЭН ЗАРЧИМ БОЛОХ ЁСТОЙ WWW.ZINDAA.MN НИЙТЭЛСЭН:2025/07/03     УЛААНБААТАР-МОСКВА ЧИГЛЭЛИЙН ШУУД НИСЛЭГИЙГ ЭНЭ ОНЫ СҮҮЛЭЭР СЭРГЭЭНЭ WWW.ITOIM.MN НИЙТЭЛСЭН:2025/07/03     ИГАВАХАРА МАСАРҮ: ЯПОНЫ ЦОГ ЖАВХЛАНТ ЭЗЭН ХААН, ЭРХЭМ ДЭЭД ХАТНЫ АЙЛЧЛАЛ НЬ ХОЁР ОРНЫ ХАРИЛЦААНД ШИНЭ ХУУДСЫГ НЭЭХ АЛХАМ БОЛНО WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/07/03    

Foreign exchange reserves reaches USD 3.7 billion, eight months of imports www.montsame.mn

Ulaanbaatar /MONTSAME/. On November 20, the Parliamentary Standing Committee on Economy conducted the first discussion of a draft resolution on approval of the State Policy on Monetary Policy for 2020. The state policy is aimed at strengthening economic and financial system stability and supporting financial market development. In 2020, an annual inflation rate is projected at 8 percent and mid-term targeted inflation rate is set at 6 percent.

Some measures of legislative reforms in the bank and financial sector and improvement of risk management of the banking sector were also reflected in the draft. The Bank of Mongolia’s operations will be focusing on ensuring economic stability and making its activities more accessible to the public, maintaining positive changes happening in the Mongolian economy and preventing from potential risks.

During the meeting, some statistical information was provided. As of September 2019, the total credit of Mongolia’s the banking sector increased by 10 percent compared to the same period of last year. Indicating that the economic recession period of Mongolia has ended to move forward to period of growth, the actual growth of the economy was at 7.3 percent in the first half of this year and the total foreign exchange reserves held by a central bank was USD 3.7 billion, which is enough to cover imports of 8-9 months.

After reflecting suggestions and proposals from the standing committee members, the draft resolution was forwarded for the parliamentary plenary meeting's discussion.



Published Date:2019-11-21