1 CORONAVIRUS: DEATH TOLL RISES TO 80 AS CHINA EXTENDS HOLIDAY WWW.BBC.COM PUBLISHED:2020/01/27      2 MONGOLIA TO WORK WITH 2030 WATER RESOURCES GROUP WWW.MONTSAME.MN PUBLISHED:2020/01/27      3 MONGOLIA ON HIGH ALERT DUE TO CORONAVIRUS OUTBREAK WWW.MONTSAME.MN PUBLISHED:2020/01/27      4 BORDER CROSSINGS WITH CHINA CLOSED FOR CHINESE LUNAR NEW YEAR WWW.MONTSAME.MN PUBLISHED:2020/01/27      5 GRETA THUNBERG INVITED TO MONGOLIA WWW.NEWS.MN PUBLISHED:2020/01/27      6 MONGOLIAN PARLIAMENT APPROVES INTELLECTUAL PROPERTY LAW WWW.NEWS.MN PUBLISHED:2020/01/27      7 THE HU: TICKETS IN UK AND IRELAND SOLD OUT! WWW.NEWS.MN PUBLISHED:2020/01/27      8 FORMER PRIME MINISTER OF MONGOLIA RETAINS AMSTERDAM & PARTNERS LLP TO DEFEND AGAINST POLITICALLY MOTIVATED CHARGES WWW.AMSTERDAMANDPARTNERS.COM PUBLISHED:2020/01/27      9 GOLDMAN: CHINA CORONAVIRUS COULD PUSH OIL DOWN BY $3 WWW.RT.COM PUBLISHED:2020/01/24      10 CORONAVIRUS SCARE: 6 PEOPLE EXAMINED IN MONGOLIA WWW.NEWS.MN PUBLISHED:2020/01/24      УГААРЫН ХИЙД ХОРДСОН ГЭХ ИРГЭДИЙН ТОО ӨНГӨРСӨН 7 ХОНОГИЙНХООС 2 ДАХИН НЭМЭГДЭВ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2020/01/27     2019 ОНД ТӨМРИЙН ХҮДРИЙН ЭКСПОРТ 68.5 ХУВИАР ӨСӨЖ, 576.6 САЯ АМ.ДОЛЛАР БОЛЖЭЭ WWW.BLOOMBERGTV.MN  НИЙТЭЛСЭН:2020/01/27     2040 ОН ГЭХЭД ТЭТГЭВРИЙН НАСНЫ ХҮМҮҮСИЙН ТОО АЖИЛЛАХ ХҮЧНЭЭС ДАВНА WWW.ZGM.MN НИЙТЭЛСЭН:2020/01/27     АМНЫ ХААЛТ, САНИТОЛ, СПИРТ ЭМИЙН БӨӨНИЙ ТӨВҮҮДЭД ДУУСАЖ, ҮЙЛДВЭРҮҮД ЗАХИАЛГАА ДИЙЛЭХГҮЙ БАЙНА WWW.IKON.MN НИЙТЭЛСЭН:2020/01/27     МАНАЙ УЛС 444 САЯ АМ.ДОЛЛАРЫН ХҮНСНИЙ БЭЛЭН БҮТЭЭГДЭХҮҮН ИМПОРТОЛЖЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2020/01/27     КОРОНАВИРУСИЙН ОНОШЛУУР МАРГААШ МОНГОЛД ИРНЭ WWW.EAGLE.MN  НИЙТЭЛСЭН:2020/01/27     ПЕТРОВИС ГРУППИЙН МИНИЙ МАШИН... УРАМШУУЛАЛТ ХӨТӨЛБӨР ОРОН ДАЯАР ЭХЭЛЛЭЭ WWW.IKON.MN  НИЙТЭЛСЭН:2020/01/27     ЭМЯ: МОНГОЛ УЛСЫН ЭРСДЭЛИЙН ЗЭРЭГ ДУНДААС ӨНДӨРТ ШИЛЖСЭН WWW.EAGLE.MN НИЙТЭЛСЭН:2020/01/27     ПЕТРОВИС ГРУППИЙН МИНИЙ МАШИН... УРАМШУУЛАЛТ ХӨТӨЛБӨР ОРОН ДАЯАР ЭХЭЛЛЭЭ WWW.GOGO.MN НИЙТЭЛСЭН:2020/01/27     МОНГОЛЫН МАРГААШ БОЛ УУЛ УУРХАЙ БУС МАЛ АЖ АХУЙ ЮМ WWW.ZGM.MN  НИЙТЭЛСЭН:2020/01/26    

BoM: USD 200 million has been funded under EFF since 2020 www.zgm.mn

According to the Bank of Mongolia (BoM), USD 200 million in funding from the International Monetary Fund’s Extended Fund Facility (EFF) has come from donors in December 2019 and January 3, 6, 2020. The finance had already been settled by the issuing countries but the Ministry of Finance accepted officially on the mentioned dates. Specifically, the Asian Development Bank (ADB) has provided USD 100 million and the World Bank has provided USD 100 million respectively. The central bank highlighted that foreign exchange reserves exceeded USD four billion, reaching a record high.

The increasing foreign exchange reserves play an important role in maintaining the stability of the exchange rate and thriving settlement of foreign debt payable in the medium term. It also encourages maintaining a steady upgrade in credit ratings. Mongolia’s foreign trade surplus reached USD 1.5 billion as of November 2019. Thus, the increase in foreign trade surplus had a positive effect on the accumulation of foreign currency reserves. BoM also announced that it will continue to implement policies and measures aimed at maintaining the stability of the national currency and stabilizing economic growth.



Published Date:2020-01-13