According to a statistical data from the Bank of Mongolia, the total volume of Tugrik savings by the general public has fallen by MNT 117.2 billion; foreign currency savings increased by MNT 22.7 billion during July 2015. It appears that the rise of the dollar is influencing people to save their money as foreign currency. As a result, Tugrik savings increased by only 1.1% or MNT 78.6 billion. Currently, the total amount of the money in savings accounts in banks and other financial organizations is MNT 7,194.7 billion.