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2024

Mongolia's central bank keeps benchmark rate unchanged

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ULAN BATOR, July 3 (Xinhua) -- The Mongolian central bank has decided to keep the benchmark interest rate unchanged at 11 percent, the Bank of Mongolia said Wednesday.

"After assessing both present and future economic conditions, along with potential external risks, we have opted to retain the benchmark interest rate at 11 percent. This decision aims to bolster economic growth and ensure inflation remains within