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Home News Item Mongolia’s forex reserves rise to 4.3 bln USD
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Mongolia’s forex reserves rise to 4.3 bln USD

december 13, 2023by Reacties uitgeschakeld voor Mongolia’s forex reserves rise to 4.3 bln USD

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ULAN BATOR, Dec. 13 (Xinhua) — Mongolia’s foreign exchange (forex) reserves rose to 4.3 billion U.S. dollars at the end of November, said the Ministry of Economy and Development on Wednesday.

The amount is adequate to cover imports for at least six months, the ministry said in a statement.

Due to the deepening of a current account deficit caused by external and internal economic conditions, the Asian cou

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