Mongolia
Mongolia governor replaced two years before end of term
Bayartsaikhan Nadmid, chairman of the supervisory board of the National Agricultural Co-operative Federation, takes over leadership; departing governor had two years left to serve
Bank of Mongolia should brace for impact of runaway growth, says IMF
Article IV consultation concludes central bank has negotiated a number of hazards successfully, but says it must shore up its defences as the economy shows signs of overheating
Bank of Mongolia launches ‘interest rate corridor’
New monetary policy framework seeks to reduce volatility in short-term interest rates, improve transmission and make policy more transparent
IMF paper considers macroprudential needs of resource-rich countries
Study considers Mongolia’s commodity boom, finding that risks arise from loose fiscal policy, increasing credit availability and a high risk appetite
Mongolian governor defends free capital accounts
Mongolia’s Naidansuren Zoljargal says financial contagion should be contained without abandoning the liberalisation of capital accounts
China and Mongolia double currency swap arrangement
Chinese and Mongolian central banks agree supplementary currency swap arrangement that doubles the amount of currency at stake under the deal
China set to sign currency swap with Mongolia
Bank of Mongolia to sign currency swap agreement with People’s Bank of China; deal will mark Beijing’s tenth such deal in less than three years
Measuring output gap in export-oriented economies: IMF paper
Fund study assess methods to measure output gap in countries facing non-traditional demand pressures
Bank of Mongolia - Annual Report 2006
Mongolia's economy grew by 8.4% in 2006. Inflation stood at 6%, 1 percentage point lower than the 7% limit set by the State Monetary Policy Guideline.
Bank of Mongolia gets new head
Alag Batsukh, 44, has been appointed governor of the Bank of Mongolia, the central bank, but the decision was not unanimously approved by parliament.
Bank of Mongolia - Annual Report 2005
According to the Bank of Mongolia's Annual Report 2005, preliminary estimates put real economic growth in the reporting year at 6.2 percent.
Mongolia's central bank proposes Citi, ING
Mongolia's central bank has nominated Citigroup and ING to underwrite the country's first global sovereign bond, central bank governor O. Chuluunbat told Reuters on Wednesday 11 October.
Bank of Mongolia - Annual Report 2004
According to the Bank of Mongolia's Annual Report 2004, preliminary estimates of real economic growth showed 10.6 percent. Thus, the basis for the further successful development of Mongolia was established.
Rebuilding the banking system
After managing the severe crises of the 1990s, the central bank is committed to strengthening and deepening the banking system.
Monetary policy to support growth
With inflation driven out of the system, Mongolia’s monetary-policy makers can look to bolster economic growth.
Highlights of transition
This article recalls Mongolia’s achievements since 1990, and sets out what the country must strive for in the future.
A new Bank of Mongolia
Bank of Mongolia has assumed a pivotal role in transforming the former planned economy, reports Blair Baker in Ulaanbaatar.
Bank of Mongolia - Annual Report 2001
ANNUAL REPORT - The Bank of Mongolia has published its Annual Report for the year ended 2001.
Mongolia's inflation rises due to foot-and-mouth
MONGOLIA - Mongolia said on Apr 17, 2001 its annual inflation rose to 11.6 percent in March, up from 9.4 percent in February, as meat prices leapt under the impact of foot-and-mouth disease and a disastrous winter.
Mongolia January inflation jumps 5.5 pct from Dec
Mongolia said on Feb 16, 2001 its monthly inflation jumped 5.5 percent in January 2001 compared with December 2000, mainly because of a rise in food and energy prices. The central bank's Monthly Bulletin of Statistics said the rent and energy price index…
Mongolia bank chief outlines core fiscal policy
The core of the fiscal policy for 2001 is to concentrate huge flow of cashoutside the bank operation or facilitate their flow through banks, saidBank of Mongolia governor O. Chuluunbat.