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 PostsResource-rich Mongolia an outpost of the wild, wild east Mongolia Economic Growth Accelerates as State Spending IncreasesADB - Asian Development Bank : Mongolia Must Spend Up to $560 Million a Year to Climate-proof InfrastructureMoody's: Mongolia's economy still susceptible to volatilityNinja EconomyMongolia: Ulaanbaatar Wrestles with Dutch Disease DilemmaResource-rich Mongolia an outpost of the wild, wild east Mongolia travels the distance to its magic moment
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