Savings in Tugrug Increase by MNT 3.3 Trillion www.montsame.mn
According to the preliminary results for April 2025, cash in circulation reached MNT 1.1 trillion, which is MNT 0.6 billion higher than the same period in 2024.
Net domestic assets accounted for 88.2 percent of the money supply, while net foreign assets made up the remaining 11.8 percent.
Net domestic assets reached MNT 36.6 trillion, reflecting an increase of MNT 8.3 trillion compared to the same period in 2024. Preliminary data shows that net foreign assets stood at MNT 4.9 trillion, marking a decrease of MNT 1 trillion from the same period last year.
By the end of April 2025, total tugrug savings reached MNT 21.9 trillion, an increase of MNT 3.3 trillion compared to the same period in 2024. Of this amount, MNT 19.2 trillion is held by individuals, while MNT 2.8 trillion is held by businesses and organizations.
Foreign currency savings reached MNT 5.2 trillion, an increase of MNT 874.4 billion compared to the same period in 2024.
The total outstanding loan balance granted to businesses, organizations, and individuals has reached MNT 39.8 trillion, marking an increase of MNT 9.9 trillion compared to the same period in 2024. Of the total outstanding loan balance, 60.1 percent is held by individuals, 37.1 percent by private companies, 1.2 percent by government organizations, and 1.6 percent by financial institutions.
The outstanding balance of regular loans constitutes 90.9 percent of the total loans, while loans requiring attention make up 3.9 percent, and non-performing loans account for 5.2 percent of the total loans.
The outstanding balance of mortgage loans in Mongolia is 9.6 trillion MNT, with 97.7 percent classified as regular loans, 1.4 percent, or MNT 139.2 billion, as loans requiring attention, and 0.9 percent, or MNT 86.0 billion, as non-performing loans.
The monthly average exchange rate of the Mongolian Tugrug against the US Dollar, as announced by the Bank of Mongolia, was MNT 3,541.60 in April 2025. This represents a depreciation of MNT 165.1 compared to the same period in 2024.
The monthly average exchange rate of the Mongolian Tugrug against the Euro was MNT 3,978.76. This reflects a depreciation of MNT 355.2 compared to the same period in 2024 and a depreciation of MNT 210.2 from the previous month.
The monthly average exchange rate of the Mongolian Tugrug against the Russian Ruble was MNT 42.53. This represents a depreciation of MNT 6.2 compared to the same period in 2024 and a decrease of MNT 1.8 from the previous month.
The monthly average exchange rate of the Mongolian Tugrug against the Chinese Yuan was MNT 485.09, representing a depreciation of MNT 18.7 compared to the same period in 2024.
Published Date:2025-05-16