The Mongolian National Bank (MNB) is the central bank of Mongolia, responsible for regulating the country's monetary policy and ensuring financial stability. Established in 1921, the MNB manages the national currency, the Mongolian tögrög, and oversees the banking system to promote economic growth. The bank's key functions include controlling inflation, managing foreign exchange reserves, and supervising commercial banks. By implementing policies that influence interest rates and money supply, the Mongolian National Bank aims to foster a stable economic environment conducive to investment and development.