Session of Parliament is discussing about monetary policy adhere in 2010. Purevdorj.L, the president of Mongol Bank a speech about the monetary policy. Central bank focused on stabilize tugrug’s rate, decrease the inflation, inspiring costumer’s confidence bank section and saving currency reserves. However adhering monetary tough policy from the early of this year was difficult we needed to take measurement necessarily. In order to protect tugrug from inflation in bank interest has to be increased to organize auction. As a result it became able to inspire confidence in tugrug, exchange stabilized, truce the getaway of costumers from bank and concurrenced to mitigate monetary policy, which was decreased three times in May, June and September. The president of Mongol Bank also declared the inflation rate will be 8% in next year.
