Mongolian Tugrik weakens against US Dollar - News.MN

Mongolian Tugrik weakens against US Dollar

Old News! Published on: 2016.10.14

Mongolian Tugrik weakens against US Dollar

News.MN
News.MN
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Economic analysts had said the ‘Mongolian Tugrik (MNT) may weaken to 2300 against the US dollar  by year-end’. However, as of today (14th of October) the Mongolian Tugrik has already weakened to 2298-2299 against US Dollar commercial banks. Today, at the ‘Naiman Sharga’ currency exchange the tugrik stood at 2286 against the dollar. If there is no substantial money flow, the rate may rise to MNT 2500 by the end of the year.

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