Macroeconomic Overview – November 2016

In November, the MNT further depreciated against the USD. The average nominal exchange rate against the US dollar was MNT 2434.32. This is a 22.1 percent or MNT 441 increase from the same period of the previous year; a 5.5 percent or MNT 126.5 increase from the previous month. More details and figures in our November Macroeconomic Overview.