Savings in the National Currency of Mongolia Increased by MNT 5.6 Trillion

Ulaanbaatar, September 10, 2024 /MONTSAME/. The savings in Tugrug, the national currency of Mongolia reached MNT 20.1 trillion as of the end of July 2024, an increase of MNT 431.9 billion (2.2 percent). Compared to the same period of 2023, the total amount of Tugrug savings increased by MNT 5.6 trillion (38.8 percent).

Of the total Tugrug savings, MNT 17.3 trillion (86.1 percent) is made by individuals, and MNT 2.8 trillion (13.9 percent) by enterprises. Savings in foreign currency reached an equivalent of MNT 4.5 trillion, an increase of MNT 64.8 billion (1.4 percent) compared to the previous month. However, savings in foreign currency decreased by an equivalent of MNT 392.9 billion, compared to the same period last year, according to the National Statistics Office of Mongolia.