ULAANBAATAR (GoGo Mongolia) - The monetary policy committee meeting will be held tomorrow.
Last time the committee meeting held in September and decided to keep policy rate at 12 percent.
But some economists considered that time has been arrived to decrease policy rate on the grounds of increasing economic growth, currency reserve exchange reserves and positive expectation.
The last Monetary policy committee meeting held just before New cabinet formation. For this reason some economists explained that political change affected on policy rate to maintain unchanged more than economic circumstances.
ULAANBAATAR (GoGo Mongolia) - The monetary policy committee meeting will be held tomorrow.
Last time the committee meeting held in September and decided to keep policy rate at 12 percent.
But some economists considered that time has been arrived to decrease policy rate on the grounds of increasing economic growth, currency reserve exchange reserves and positive expectation.
The last Monetary policy committee meeting held just before New cabinet formation. For this reason some economists explained that political change affected on policy rate to maintain unchanged more than economic circumstances.