Foreign Currency Savings Decreased by MNT 616 BillionEconomy
Ulaanbaatar, May 22, 2023 /MONTSAME/. At the end of April of this year, the bank savings in national currency amounted MNT 13.5 trillion, making an increase of MNT 424.8 billion (3.2 percent) from the previous month, and a decrease of MNT 206.1 billion (1.5 percent) compared to the same period of the previous year.
MNT 12 trillion (88.9 percent) of savings belongs to citizens, and MNT 1.5 trillion (11.1 percent) belongs to enterprises and organizations.
The National Statistics Committee reported that foreign currency savings reached MNT 5.3 trillion, decreasing by MNT 616.5 (10.4 percent) billion from the previous month, and increasing by MNT 976.5 billion (22.4 percent) compared to the same period of the last year.