Currency exchange level hits record high

May 5 • Economy, News • 1604 Views • No Comments on Currency exchange level hits record high

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As of today, MNT hits record low against USD. Despite the efforts to stabilize the currency levels and statements that MNT1750 per USD is a justifiable adjusted exchange rate, the Mongolian currency is still depreciating. Commercial banks sold MNT1806 per USD and bought it for MNT1785. Official central bank closing rate was 1796.01.

 

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