The Bank of Mongolia is the central bank of Mongolia, responsible for regulating the country's monetary policy and ensuring financial stability. Established in 1924, it plays a crucial role in managing the national currency, the Mongolian tögrög, and overseeing the banking system. In addition to monetary policy, the Bank of Mongolia supervises financial institutions and implements measures to promote economic growth. It also manages foreign exchange reserves and works to maintain a stable financial environment, contributing to the overall development of the Mongolian economy.