The core objective of the Bank of Mongolia is to maintain price stability.
"Current account totaled to $31.5 million deficit which is 85% or $181.1 million decline compared to the same period of the previous year."
"Ulaanbaatar /MONTSAME/ Governor of the Bank of Mongolia (BoM) N.Bayartsaikhan presented a draft resolution on Monetary Policy for 2017 to Speaker of Parliament M.Enkhbold on September 29."
"Spot trade: Commercial banks bid MNT 2272.00-2290.00 for USD31.61 million and MNT 340.64-342.50 for CNY56.0 million respectively. The BoM sold USD 14.4 million in a single rate of MNT 2286.21."