Mongolia typical architecture

Mongolia Policy Rate (%, eop)

Policy Interest Rate in Mongolia

Inflation dropped to 11.3% in April from 12.2% in March, above the Central Bank’s 4.0–8.0% target range. In March, the Central Bank left the policy rate at 13.00%, after doubling the rate over the prior 12 months. Inflation is seen dipping this year but will average in double digits, boosted by strong economic growth, a recovery in tourist arrivals and January’s minimum wage hike.

Mongolia Policy Interest Rate Chart

This chart displays Policy Interest Rate (%) for Mongolia from 2013 to 2022.

Mongolia Policy Interest Rate Data

2017 2018 2019 2020 2021
Policy Rate (%, eop) 11.00 11.00 11.00 6.00 6.00

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