Foreign currency reserve grows Monday, November 8, 2010 Add Comment Edit The Mongol Bank has revealed that the country’s foreign currency reserve has exceeded USD1.8 billion, and is expected to reach USD2 billion before the year ends. The increase is mainly due to the high prices of gold and copper. Share this post Related PostsMongolia and the World Bank — 25 Years on the Path Toward ProsperityGlobal Economic Volatility Poses Challenges for MongoliaADB warns Mongolia of external imbalancesMongolia endures slowest growth in seven yearsThree Promising Economies That Are Emerging Markets Right NowMongolia officially pays off its 3.8 million USD debt to RussiaADB cuts Mongolia 2014 economic forecast to single-digit growthRUSSIA SUSPENDS $170 MILLION IN MONGOLIA DEBT
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