BANK OF MONGOLIA HAS NOT CHANGED POLICY INTEREST

Ulaanbaatar, Mongolia, /MONTSAME/ Directors council meeting of Bank of Mongolia has decided to increase obligatory reserve percent by 4 unit percent, leaving unchanged a policy interest.
According to the National Statistical office, Ulaanbaatar city's year inflation reached 14.8 percent as of January 2011. The Bank of Mongolia says that domestic demand may increase thanks to outcomes of mining projects construction, money benefits and budget policy this year.
B.Oyundelger