Interbank Rate in Mongolia decreased to 11.11 percent in September from 11.26 percent in August of 2019. Mongolia Three Month Interbank Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Interbank Rate in Mongolia averaged 11.46 percent from 2010 until 2019, reaching an all time high of 15.96 percent in November of 2016 and a record low of 5.96 percent in January of 2010. This page provides - Mongolia Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Interbank Rate in Mongolia is expected to be 11.11 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interbank Rate in Mongolia to stand at 11.11 in 12 months time. In the long-term, the Mongolia Three Month Interbank Rate is projected to trend around 11.11 percent in 2021, according to our econometric models.

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Mongolia Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
11.11 11.26 15.96 5.96 2010 - 2019 percent Monthly

Mongolia Three Month Interbank Rate
The interbank rate is the rate of interest charged on short-term loans made between banks in the local currency.