Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
ULAN BATOR, June 14 (Xinhua) — The Central Bank of Mongolia kept its key rate at 12 percent, local media reported on Saturday, citing the regulator following a regular meeting of the Monetary Policy Council.
“This decision was made taking into account the assessment of the current state of the Mongolian economy and the prospects of the external and internal environment,” the official statement said.
According to the President of the Central Bank, Byadrangiin Lkhagvasuren, the Monetary Policy Committee of the Central Bank of Mongolia will take subsequent measures on a case-by-case basis depending on changes in the external and internal economic environment, as well as the inflation dynamics and economic conditions in the country.
According to the National Statistics Committee, Mongolia’s GDP grew by 2.4 percent in the first quarter of 2025. –0–