Ulaanbaatar
Time deposits in foreign currency increased by 27.2 percent
Economy
Ulaanbaatar/MONTSAME/. At the end of March 2020, the time
deposit in domestic currency amounted to MNT 10.7 trillion, decreased by MNT
371.3 billion (3.4%) from the previous month, and by MNT 465.4 billion (4.2%) compared
with the same period of the previous year.
The composition of the total time deposit in domestic
currency shows that 88.1 percent (MNT 9.4 trillion) were individuals’ deposits,
and 11.9 percent (MNT 1.3 trillion) were corporations’ deposits.
The time deposits in foreign currency amounted to MNT 3.7
trillion, increased by MNT 32.5 billion (0.9%) from the previous month, and by
MNT 789.4 billion (27.2%) compared with the same period of the previous year.
Source: National Statistics Office
