3,429.70
Referring to thesteadily growing strength of the
MNT in recent days, S.Bold, a senior official at the Currency
Board of Mongolbank, has said the
national currency has risen 9.9% against the USD and 9.7% against the CNY
between January 1 and August 31. Export
earning has risen, and so has foreign direct investment, while foreign debts
and outflow of foreign currency have been halted. In other words, macro
economics trends are good for the MNT. Foreign currency reserves are also high
and increasing every month.
