Interbank Rate in Mongolia increased to 6.07 percent in October from 6 percent in September of 2021. source: Bank of Mongolia

Interbank Rate in Mongolia averaged 10.94 percent from 2010 until 2021, reaching an all time high of 15.97 percent in September of 2016 and a record low of 5.65 percent in December of 2020. This page provides - Mongolia Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Three Month Interbank Rate - values, historical data and charts - was last updated on December of 2021.

Interbank Rate in Mongolia is expected to be 6.07 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Three Month Interbank Rate is projected to trend around 7.07 percent in 2022, according to our econometric models.

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Mongolia Three Month Interbank Rate

Related Last Previous Unit Reference
Interbank Rate 6.07 6.00 percent Oct/21
Banks Balance Sheet 39684106.19 39892007.09 MNT Million Sep/21
Deposit Interest Rate 6.70 6.70 percent Oct/21
Central Bank Balance Sheet 14733684.90 15317772.60 MNT Million Sep/21
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.