Savings in foreign currency increased by MNT464.2 billion from previous yearEconomy
the end of December 2019, the time deposit in domestic currency amounted to MNT
11.1 trillion, showing an increase of MNT 356.9 billion (3.3%) from the
previous month and MNT 923.0 billion (9.1%) from the end of the previous year.
The decomposition of total time deposit in domestic currency shows that 84.7 percent (MNT 9.4 trillion) were individual is deposits and 15.3 percent (MNT 1.7 trillion) were corporations’ deposits.
The time deposits in foreign currency amounted to MNT 3.5 trillion, showing an increase of MNT 464.2 billion (15.4%) from the previous year.
Source: National Statistics Office of Mongolia