KM Financial Solutions | Mongolia’s c.bank cuts benchmark interest rate to 9% from 10%
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Mongolia’s c.bank cuts benchmark interest rate to 9% from 10%

Mongolia’s c.bank cuts benchmark interest rate to 9% from 10%

Mongolia’s central
bank has cut its benchmark interest rate to 9% from 10% and
extended consumer loans by 12 months amid an uncertain
environment due to the COVID-19 pandemic, which has seen 17
cases in the country so far.

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