Mongolia Weekly: Central bank raises rate, government curbs spending, plans to end fuel rationing
August 8, 2026 to August 14, 2026 --- 1. Bank of Mongolia Raises Policy Rate to 12.5% as Inflation Hits 13% On August 12, the Bank of Mongolia raised its policy rate by 0.5 percentage points to 12.5% and the reserve requirement on banks’ tugrik deposits by 0.5 points to 14.5%. Annual inf