Foreign-exchange reserves to reach USD 4 billion
Today, May 26, Bank of Mongolia made a press briefing regarding the International Monetary Fund's approval of Extended Fund Facility program for Mongolia. D.Orgil, spokesperson of the Bank of Mongolia (BoM) read the central bank's statement, which reported that USD 38.6 million, an initial funding of the Extended Fund Facility program, has been funded to BoM to increase foreign-exchange reserves.
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