Mongolia leaves benchmark interest rate unchanged third time www.news.mn
Mongolia’s Central Bank decided on 20 December to leave the benchmark interest rate unchanged at 11 percent for the third time. The policy interest rate was increased to 11 percent in November 2018.
The bank decided to keep the national exchange reserve at 10.5 percent and increase the foreign exchange reserve by 3 percent to 15 percent.
Published Date:2019-12-23