As of today at 10 a.m, "Naiman sharga" currency exchange center sells US dollar at 2400 Tugrik.
The Executive Board of the International Monetary Fund (IMF) approved a three-year extended arrangement under Extended Fund Facility (EFF) for Mongolia and the first funding of the program worth USD 38.6 million was deposited into Bank of Mongolia.
At the beginning of the last week (May 22-24), buying rate of USD was 2420 Tugrik. Since then, the USD rate has gradually decreased.
In scope of the Extended Fund Facility program, IMF to provide a total of USD 440 million funding to Mongolia within three years.
As a result of the project, which aims to stabilize Mongolian economy and implement economic reforms, foreign exchange inflow has grown while the positive impact has seen in Tugrik rate.
As of today at 10 a.m, "Naiman sharga" currency exchange center sells US dollar at 2400 Tugrik.
The Executive Board of the International Monetary Fund (IMF) approved a three-year extended arrangement under Extended Fund Facility (EFF) for Mongolia and the first funding of the program worth USD 38.6 million was deposited into Bank of Mongolia.
At the beginning of the last week (May 22-24), buying rate of USD was 2420 Tugrik. Since then, the USD rate has gradually decreased.
In scope of the Extended Fund Facility program, IMF to provide a total of USD 440 million funding to Mongolia within three years.
As a result of the project, which aims to stabilize Mongolian economy and implement economic reforms, foreign exchange inflow has grown while the positive impact has seen in Tugrik rate.