Deposits in foreign currency increased by 23.6 percent

Ulaanbaatar, January 28, /MONTSAME/. The time deposit in domestic currency amounted to MNT 12.6 trillion at the end of December 2022, which decreased by MNT 304.1 (2.5%) billion from the previous month and decreased by MNT 2.4 (16.2%) trillion from same period of the previous year.

In terms of the type of time deposit in domestic currency, MNT 11.3 (90.0%) trillion was individual deposits, and MNT 1.3 (10.0%) trillion was deposits of enterprises.

The time deposits in foreign currency amounted to MNT 4.9 trillion, which increased by MNT 196.4 (4.2%) billion from the previous month and increased by MNT 936.9 (23.6%) billion from same period of the previous year.

Source: National Statistics Office

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