The benchmark interest rate in Mongolia was last recorded at 11 percent. Interest Rate in Mongolia averaged 11.77 percent from 2007 until 2019, reaching an all time high of 15 percent in August of 2016 and a record low of 6.40 percent in July of 2007.

Interest Rate in Mongolia is expected to be 11.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Mongolia to stand at 9.50 in 12 months time. In the long-term, the Mongolia Interest Rate is projected to trend around 7.50 percent in 2020, according to our econometric models.

Mongolia Interest Rate
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Mongolia Money Last Previous Highest Lowest Unit
Interest Rate 11.00 11.00 15.00 6.40 percent [+]
Interbank Rate 10.97 11.01 15.96 5.96 percent [+]
Banks Balance Sheet 33516075.15 32765560.78 33516075.15 3295107.90 MNT Million [+]
Deposit Interest Rate 11.10 12.70 400.00 10.20 percent [+]
Money Supply M1 3666644.70 3458458.80 4030953.60 262113.50 MNT Million [+]
Money Supply M2 19699594.60 19582374.00 19699594.60 1145392.30 MNT Million [+]
Foreign Exchange Reserves 3660.40 3621.60 4125.80 326.00 USD Million [+]
Central Bank Balance Sheet 8765448.00 8577379.30 9277479.60 193448.70 MNT Million [+]


Mongolia Interest Rate

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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
11.00 11.00 15.00 6.40 2007 - 2019 percent Daily




Country Last Previous
Argentina 58.72 Jul/19
Turkey 24.00 Jun/19
Mexico 8.25 Jul/19
Russia 7.50 Jun/19
Brazil 6.50 Jun/19
South Africa 6.50 Jul/19
India 5.75 Jul/19
Indonesia 5.75 Jul/19
China 4.35 Jun/19
Saudi Arabia 3.00 Jun/19
United States 2.50 Jun/19
Canada 1.75 Jul/19
Singapore 1.67 Jun/19
South Korea 1.50 Jul/19
Australia 1.00 Jul/19
United Kingdom 0.75 Jun/19
Euro Area 0.00 Jun/19
France 0.00 Jun/19
Germany 0.00 Jun/19
Italy 0.00 Jun/19
Netherlands 0.00 Jun/19
Spain 0.00 Jun/19
Japan -0.10 Jun/19
Switzerland -0.75 Jun/19


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