Policy interest rate decreases to 12 percent

B.Chimeg GoGo.mn

2017-06-15 15:25 GMT+8

Today the Bank of Mongolia’s Board of Directors held a meeting and decided to decrease the policy rate interest by 2 percent to 12. 

At its last meeting that was held in March 2017, the Bank of Mongolia’s Board of Directors remained policy rate interest at 14 percent while on Dec 2016, policy rate was dropped to 14 percent from 15. 

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