At a meeting held on 26 of June 2020, the Monetary Policy Committee decided to:
1) Keep the policy rate unchanged,
At a meeting held on 26 of June 2020, the Monetary Policy Committee decided to:
1) Keep the policy rate unchanged,
Ulaanbaatar City Bank has been merged with the Trade and Development Bank of Mongolia (TDB) with its entire active, passive
The Beijing-backed Asian Infrastructure Investment Bank (AIIB) has approved a loan of USD 100 million to help Mongolia battle the
The Research Centre for Economic Policy and Competitiveness has issued reviews conducted on banks operating in Mongolia. There currently are
Bank deposits in foreign currency amounted to MNT 3.6 trillion in the first two months of 2020. This is an
Due to the outbreak of coronavirus, Mongolia has postponed all payments for its citizens for three months without any interest
According to officials, the Central Bank of Mongolia is buying and overseeing the refining of silver extracted from the Salkhit