Улаанбаатар
Mongolbank taking all possible measures to stabilize currency rate
PoliticsUlaanbaatar /MONTSAME/ The Mongolian national currency rate against USD has been plummeting for the past days. By 93 Tugrugs in 17 days, as of November 10, to be exact. The Bank of Mongolia is considering this decline as temporary. The central bank stated that it will take all possible measures to stabilize the rapid fluctuation of currency rate on November 11.
Mongolia’s international deals and agreements with the international financial organizations and donors are being settled in the approximate future, shedding light on the country’s finance.
