Interbank Rate in Mongolia remained unchanged at 6.04 percent in July from 6.04 percent in June of 2021. source: Bank of Mongolia

Interbank Rate in Mongolia averaged 11.04 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 September of 2021.

Interbank Rate in Mongolia is expected to be 6.04 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 7.04 percent in 2022, according to our econometric models.

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Mongolia Three Month Interbank Rate

Actual Previous Highest Lowest Dates Unit Frequency
6.04 6.04 15.97 5.65 2010 - 2021 percent Monthly

Mongolia Money Last Previous Highest Lowest Unit
Interest Rate 6.00 6.00 15.00 6.00 percent [+]
Interbank Rate 6.04 6.04 15.97 5.65 percent [+]
Banks Balance Sheet 39739621.09 40076681.32 40076681.32 3295107.90 MNT Million [+]
Deposit Interest Rate 6.70 6.10 400.00 5.90 percent [+]
Money Supply M1 5761264.40 5201593.20 5761264.40 262113.50 MNT Million [+]
Money Supply M2 26917763.60 26761810.40 26917763.60 1145392.30 MNT Million [+]
Foreign Exchange Reserves 4576.70 4731.80 4891.60 326.00 USD Million [+]
Central Bank Balance Sheet 15653431.10 15668924.70 15977889.10 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.