Ulaanbaatar
Savings in the National Currency Increased by MNT 4.9 Trillion
Economy
Ulaanbaatar, January 21, 2025 /MONTSAME/. As of the end of December 2024, the savings in Tugrug, the national currency of Mongolia, reached MNT 22.1 trillion, an increase of MNT 989.1 billion, or 4.7 percent compared to the previous month and an increase of MNT 4.9 trillion, or 28.8 percent, compared to the same period of 2023.
Of the total Tugrug savings, MNT 19 trillion (86.1 percent) is made by individuals, whereas MNT 3.1 trillion (13.9 percent) by enterprises.
Moreover, savings in foreign currency reached MNT 4.9 trillion, which is an increase of MNT 325.1 billion (7.2 percent) compared to November 2024 and a decrease of MNT 142.6 billion (2.9 percent) compared to the same period last year.
