The core objective of the Bank of Mongolia is to maintain price stability.
"Current account totaled to $93.6 million deficit which is 65% or $171.6 million decline compared to the same period of the previous year."
"Spot trade: Commercial banks bid for USD and CNY. The BOM sold USD28.2 million at the closing rate of MNT2071.50 and CNY37.5 million at the closing rate of MNT311.50."
"The nomination of the Governor of the Central Bank of Mongolia for a new term was resolved during the commencement meeting of Parliament this year on July 20th, 2016."