Ulaanbaatar
Preliminary Balance of Payments for September
EconomyUlaanbaatar /MONTSAME/ Current account totaled to USD 50.2 million deficit which is 85% or USD 277.4 million decline compared to the same period of the previous year. The change was mainly due to decrease of USD 290.1 million or 38% in income account deficit.
Capital and financial account had surplus of USD 115.2 million which is declined by USD 195.3 million or 63% compared to the same period of the last year. The change was mainly due to decrease of financing for currency and deposit. The notable change in direct and other investment accounts was that OT refinanced its intercompany loan through commercial loan, reports the Bank of Mongolia
