Mongolia Interest Rate  2007-2016 | Data | Chart | Calendar | Forecast

The central bank of Mongolia raised its benchmark interest rate by 450 bps to 15 percent on August 18th, 2016, after the tugrik hit a record low of 2,272.5 to the dollar following 23 consecutive days of weakening. Interest Rate in Mongolia averaged 11.73 percent from 2007 until 2016, reaching an all time high of 14 percent in April of 2008 and a record low of 6.40 percent in July of 2007. Interest Rate in Mongolia is reported by the Mongolbank.

Mongolia Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
15.00 10.50 15.00 6.40 2007 - 2016 percent Daily
In Mongolia, interest rates decisions are taken by the Bank of Mongolia (Mongolbank). The official interest rate is the Policy Rate. This page provides the latest reported value for - Mongolia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Mongolia Interest Rate - actual data, historical chart and calendar of releases - was last updated on August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-11-16 03:00 AM Interest Rate Decision 15%

Mongolia Money Last Previous Highest Lowest Unit
Interest Rate 15.00 10.50 15.00 6.40 percent [+]
Banks Balance Sheet 23310417.00 22226691.90 23310417.00 3295107.90 MNT Million [+]
Deposit Interest Rate 13.00 12.31 400.00 10.47 percent [+]
Foreign Exchange Reserves 1296.60 1441.90 4125.80 326.00 USD Million [+]
Money Supply M1 1940811.30 1981396.10 2093197.70 262113.50 MNT Million [+]
Money Supply M2 11310796.10 11188179.60 11310796.10 1145392.30 MNT Million [+]
Interbank Rate 14.20 13.96 21.37 6.44 percent [+]
Central Bank Balance Sheet 3996982.10 3915739.20 8016387.30 193448.70 MNT Million [+]




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