Interest rate on bank deposits reached 6.60% in 2021 in Mongolia, according to the National Central Bank. This is 35.7% less than in the previous year.
Historically, interest rate on bank deposits in Mongolia reached an all time high of 500% in 1992 and an all time low of 6.60% in 2021.
Mongolia has been ranked 17th within the group of 96 countries we follow in terms of interest rate on bank deposits.
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