Ulaanbaatar
Term deposits in foreign currency increased by 74.7 percent from last year
Economy
Ulaanbaatar/MONTSAME/. The national currency in circulation
reached MNT 950.1 billion at the end of September 2020, increased by MNT 21.9
billion (2.4%) from the previous month, and MNT 60.3 billion (6.8%) from the
same period of the previous year.
At the end of September 2020, the term deposit in domestic
currency amounted to MNT 11.6 trillion, increased by MNT 216.9 billion (1.9%)
from the previous month, and increased by MNT 779.6 billion (7.2%) from the
same period of the previous year.
The composition of the total term deposit in domestic
currency shows that 89.4 percent (MNT 11.6 trillion) were individuals deposits
and 10.6 percent (MNT 1.2 trillion) were entities deposits.
The term deposits in foreign currency amounted to MNT 5.1
trillion, increased by MNT 438.8 billion (9.4%) from the previous month and MNT
2.2 trillion (74.7%) from the same period of the previous year.
Source: National Statistics Office
