Interbank Rate in Mongolia decreased to 11.05 percent in July from 11.11 percent in June of 2019. Interbank Rate in Mongolia averaged 11.47 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.

Interbank Rate in Mongolia is expected to be 10.97 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 9.47 in 12 months time. In the long-term, the Mongolia Three Month Interbank Rate is projected to trend around 7.47 percent in 2020, according to our econometric models.

Mongolia Three Month Interbank 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 11.05 11.11 15.96 5.96 percent [+]
Banks Balance Sheet 34254187.25 34700685.10 34700685.10 3295107.90 MNT Million [+]
Deposit Interest Rate 11.10 12.70 400.00 10.20 percent [+]
Money Supply M1 4104473.30 3796846.20 4104473.30 262113.50 MNT Million [+]
Money Supply M2 20229409.50 20300395.10 20300395.10 1145392.30 MNT Million [+]
Foreign Exchange Reserves 4101.40 3706.00 4125.80 326.00 USD Million [+]
Central Bank Balance Sheet 8765448.00 8577379.30 9277479.60 193448.70 MNT Million [+]


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. This page provides - Mongolia Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Mongolia Three Month Interbank Rate - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
11.05 11.11 15.96 5.96 2010 - 2019 percent Monthly




Country Last Previous
Argentina 67.21 Aug/19
Turkey 15.22 Sep/19
Mexico 8.37 Aug/19
Russia 7.68 Jul/19
South Africa 6.80 Sep/19
Indonesia 5.89 Sep/19
Brazil 5.44 Sep/19
India 5.32 Sep/19
China 3.06 Sep/19
Saudi Arabia 2.68 Jul/19
United States 2.16 Sep/19
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South Korea 1.50 Sep/19
Australia 1.10 Aug/19
United Kingdom 0.78 Sep/19
Japan -0.10 Sep/19
Spain -0.38 Sep/19
France -0.41 Aug/19
Germany -0.41 Aug/19
Italy -0.41 Aug/19
Euro Area -0.42 Sep/19
Netherlands -0.44 Jul/19
Switzerland -0.77 Sep/19


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