Macroeconomic overview-October 2020

In October, the average nominal exchange rate against the US dollar was MNT 2853.60. This is a 6.6% or by 175 MNT increase from the same period in 2019, and a 0.02% or by 0.57 MNT decrease from September 2020. In September, foreign exchange reserves reached 3.69 billion MNT a decrease 15 percent from the same period in 2019, and 1 percent increase from August 2020. More details and figures please visit October Macroeconomic overview.