Policy rate left unchanged - News.MN

Policy rate left unchanged

Old News! Published on: 2010.06.21

Policy rate left unchanged

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Г. Нэргүй
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Central
Bank directors have decided to keep the policy rate unchanged at 11 percent. With
inflation threatening to go up there has been talk of a  tighter monetary policy to restrict money
supply, and to support the proposed revision to the budget.

The
consumer price index was up 4.2 percent in May, 16.1 percent more than at the
start of the year, and 11.7 percent more than in May last year.

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