PKF-IFS Mongolia

News

Home News Savings in the National Currency of Mongolia Increased by MNT 5.7 Trillion

Savings in the National Currency of Mongolia Increased by MNT 5.7 Trillion

Ulaanbaatar, November 11, 2024 /MONTSAME/. As of the end of September 2024, savings in Tugrug, the National Currency of Mongolia, reached MNT 20.6 trillion in total, an increase of MNT 415.7 billion compared to the previous month, and by MNT 5.7 trillion (38.6 percent) compared to the same period last year.

Of the total amount of Tugrug savings, MNT 17.6 trillion (85.3 percent) was made by individuals, whereas MNT 3 trillion, or 14.7 percent, by enterprises. 

Savings in foreign currency amounted to MNT 4.4 trillion, a decrease of MNT 53.8 billion (1.2 percent) compared to the previous month, and MNT 621.7 billion (12.3 percent) compared to the same period of 2023, reported the National Statistics Office of Mongolia. 

PKF-IFS Mongolia LLC member of PKF International

PKF-IFS Mongolia LLC is a member firm of the PKF International Limited family of legally independent firms and does not accept any responsibility or liability for the actions or inactions of any individual member or correspondent firm or firms.

"PKF" and the PKF logo are registered trademarks used by PKF International and member firms of the PKF International Network. They may not be used by anyone other than a duly licensed member firm of the Network.