MongolBank’s new chairman targeted against inflation
Previous President L.Purevdorj expressed his willing to resign last Monday to the Speaker of the parliament. And according to the law the Speaker suggested L.Zoljargal, Vice President of MongolBank as new President.
“The MongolBank’s urgent action will be to take measure targeted to reduce inflation rate. Inflation influenced badly to citizens with medium and low income. If we will take all necessary actions inflation rate and interest rate could be reduced. The results will be came out within the two years. Also Mongolia needed law on regulation of foreign currencies. The MongolBank is going to submit the draft law soon” said L.Zoljargal after nomination.
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