Ulaanbaatar
Time deposits in foreign currency rise by 40.6 percent from last year
Economy
Ulaanbaatar/MONTSAME/. The national currency in circulation
reached MNT 947.7 billion at the end of November 2020, decreased by MNT 12.1
billion (1.3%) from the previous month, but increased by MNT 87.5 billion
(10.2%) from the same period of the previous year.
At the end of November 2020, the time deposit in domestic
currency was MNT 12.4 trillion, increased by MNT 330.5 billion (2.7%) from the
previous month, and increased by MNT 1.7 trillion (15.7%) from the same period
of the previous year.
In the total time deposit in domestic currency, 89.5% (MNT
11.1 trillion) were deposits of individuals and 10.5% (MNT 1.3 trillion) were
deposits of enterprises.
The time deposits in foreign currency was MNT 4.8 trillion,
decreased by MNT 82.4 billion (1.7%) from the previous month, but increased by
MNT 1.5 trillion (46.0%) from the same period of the previous year.
Source: National Statistics Office
