Mongolia’s central bank has decided to maintain its key interest rate at 12% following a recent monetary policy committee meeting. The decision reflects a consideration of both domestic and external economic conditions and associated risks. While positive market signals and a decrease in oil prices have been observed, the bank cited ongoing instability as a key factor. This marks over a year of holding the rate steady, since March 2025. The central bank will continue to monitor economic developments and adjust policy as needed. The move aims to balance economic growth with maintaining price stability in the country. Officials indicated they are carefully watching global and local factors influencing the Mongolian economy.