Mongolia’s foreign exchange (forex) reserves rose to USD 4.3 billion at the end of November, said the Ministry of Economy
Mongolia’s foreign exchange (forex) reserves rose to USD 4.3 billion at the end of November, said the Ministry of Economy
As of Friday (2022.10.28), the exchange rate of Mongolia’s national currency the Tugrik against the U.S. dollar has weakened by
This year, Mongolian Tugrik has fallen almost 15 percent against the US dollar. The declining currency has pushed up the
Today (24 March), Mongolia’s central bank has lifted the country’s key interest rate by 2.5 percentage points to 9 %
A currency swap agreement between the Bank of Mongolia and the People’s Bank of China has been extended until 2023
The
According to the Central Bank of Mongolia, the Tugrik rate has fallen against the US Dollar by three percent and
The U.S. Dollar exchange rate against the Mongolian Tugrik has reached a historical high in the past few days, with
Due to the COVID-19 pandemic, developing countries have been economically very badly hit. Falling export revenue and capital outflows from
Bank deposits in foreign currency amounted to MNT 3.6 trillion in the first two months of 2020. This is an
The Central Bank of Mongolia announced earlier today (7 February) the introduction of new designs for the MNT 50,000 and