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.