Mongolia Three Month Interbank Rate

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.

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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	3783323.50	4104473.30	4104473.30	262113.50	MNT Million	[+]
Money Supply M2	20289861.30	20229409.50	20300395.10	1145392.30	MNT Million	[+]
Foreign Exchange Reserves	3618.80	4101.40	4125.80	326.00	USD Million	[+]
Central Bank Balance Sheet	8765448.00	8577379.30	9277479.60	193448.70	MNT Million	[+]

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 October of 2019.

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

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Country	Last		Previous	Range
Argentina	69.89	Sep/19	67.21	1390 : 1.2	%
Turkey	15.89	Oct/19	15.89	28.52 : 4.74	%
Mexico	8.20	Sep/19	8.37	89.48 : 3.29	%
Russia	7.34	Aug/19	7.68	45.3 : 4.2	%
South Africa	6.78	Oct/19	6.78	16.96 : 5.06	%
Indonesia	5.80	Oct/19	5.8	57.79 : 4.19	%
Brazil	5.37	Oct/19	5.37	16.05 : 0.89	%
India	5.20	Oct/19	5.32	12.97 : 3.1	%
China	3.32	Oct/19	3.32	9.89 : 0	%
Saudi Arabia	2.48	Aug/19	2.68	5.24 : 0.6	%
United States	2.00	Oct/19	2	10.63 : 0.22	%
Canada	1.98	Oct/19	1.98	8.95 : 0.43	%
Singapore	1.87	Oct/19	1.87	9.84 : 0.34	%
South Korea	1.43	Oct/19	1.43	6.14 : 1.27	%
Australia	1.22	Sep/19	1.1	18.18 : 1.1	%
United Kingdom	0.78	Oct/19	0.78	15.63 : 0.28	%
Japan	-0.11	Oct/19	-0.11	8.5 : -0.12	%
Spain	-0.38	Oct/19	-0.38	15.75 : -0.4	%
France	-0.42	Sep/19	-0.41	5.13 : -0.42	%
Germany	-0.42	Sep/19	-0.41	14.57 : -0.42	%
Italy	-0.42	Sep/19	-0.41	20.51 : -0.42	%
Netherlands	-0.42	Sep/19	-0.43	14.19 : -0.44	%
Euro Area	-0.43	Oct/19	-0.43	5.39 : -0.48	%
Switzerland	-0.78	Oct/19	-0.78	10 : -0.96	%