1 MONGOLIA TO EXTEND QUARANTINE MEASURES UNTIL 30 JUNE WWW.NEWS.MN PUBLISHED:2020/05/26      2 MONGOLIA TO MAINTAIN STRICT VIRUS REGULATIONS 'UNTIL VACCINE FOUND' WWW.MEDICALXPRESS.COM  PUBLISHED:2020/05/26      3 MONGOLIA REPORTS ONE MORE RECOVERY FROM COVID-19 WWW.XINHUANET.COM PUBLISHED:2020/05/26      4 JAPAN TO PROVIDE NON-REFUNDABLE AID TO MONGOLIA WWW.MONTSAME.MN PUBLISHED:2020/05/26      5 AMENDMENT TO CONSTITUTION COMES INTO FORCE TODAY WWW.MONTSAME.MN PUBLISHED:2020/05/26      6 FOREIGN TRADE BALANCE DEFICITS USD 213 MILLION WWW.ZGM.MN PUBLISHED:2020/05/26      7 MNT213 BILLION SPENT ON HEALTH SECTOR WWW.MONTSAME.MN PUBLISHED:2020/05/26      8 UB TO USE FACIAL RECOGNITION TO FIGHT CRIME WWW.NEWS.MN PUBLISHED:2020/05/26      9 MONGOLIA AND TAIWAN: A GROWING TRADE RELATIONSHIP WWW.NEWS.MN PUBLISHED:2020/05/24      10 THE WAY WE SHOP HAS FUNDAMENTALLY CHANGED. THAT'S GOOD NEWS FOR ALIBABA WWW.CNN.COM PUBLISHED:2020/05/24      ЦАХИЛГААН АВТОМАШИН ТҮРГЭН ЦЭНЭГЛЭХ МОНГОЛЫН АНХНЫ СТАНЦ АШИГЛАЛТАД БҮРЭН ОРЛОО WWW.EAGLE.MN НИЙТЭЛСЭН:2020/05/26     СЯ: V/23-НД ГАШУУНСУХАЙТ БООМТООР 643, ШИВЭЭХҮРЭНГЭЭР 312 АВТОМАШИН НҮҮРС ЭКСПОРТОЛСОН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2020/05/26     ОХУ-Д ҮЗҮҮЛЖ БУЙ САЯ АМ.ДОЛЛАРТАЙ ТЭНЦЭХ МАХ, МАХАН БҮТЭЭГДЭХҮҮНИЙ ХҮМҮҮНЛЭГИЙН ТУСЛАМЖИЙН ГЭРЧИЛГЭЭГ ГАРДУУЛАВ WWW.IKON.MN НИЙТЭЛСЭН:2020/05/26     "COVID-19 ЦАР ТАХЛААС ИРГЭДИЙН ЭРҮҮЛ МЭНДИЙГ ХАМГААЛАХАД ЗОРИУЛЖ 213.7 ТЭРБУМ ТӨГРӨГИЙН САНХҮҮЖИЛТ ХИЙГЭЭД БАЙНА" WWW.IKON.MN НИЙТЭЛСЭН:2020/05/26     ТАВДУГААР САРЫН 24-НИЙ БАЙДЛААР КОРОНАВИРУСИЙН 87,522 ШИРХЭГ ОНОШЛУУР ИМПОРТОЛЖЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2020/05/26     УОК: АЛТАНБУЛАГ БООМТООР 594 ОЮУТНЫГ ТАТАН АВНА WWW.EAGLE.MN НИЙТЭЛСЭН:2020/05/26     ЭДИЙН ЗАСАГ ӨМНӨХ ОНЫ МӨН ҮЕЭС 10.7 ХУВИАР АГШИВ WWW.EAGLE.MN НИЙТЭЛСЭН:2020/05/26     АМГТГ: НИЙСЛЭЛД А-92 АВТО БЕНЗИНИЙ ДУНДАЖ ҮНЭ 1360 ТӨГРӨГ БОЛЖ БУУРЛАА WWW.EAGLE.MN  НИЙТЭЛСЭН:2020/05/26     COVID-19-ИЙН ХЯЗГААРЛАЛТЫГ 6 ДУГААР САРЫН 30-НЫГ ХҮРТЭЛ СУНГАЛАА WWW.IKON.MN НИЙТЭЛСЭН:2020/05/25     ОУВС: ИРЭХ 5 ЖИЛД АРИЛЖААНЫ БАНКНУУД АШГАА ӨСГӨХӨД ХҮНДРЭЛТЭЙ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2020/05/25    

U.S dollar intervention totals USD 30 million on May 19 www.zgm.mn

The central bank supplied USD 30 million to the market at a regular foreign exchange auction on Tuesday. On this day, the USD exchange rate reached MNT 2,798.23. At the end of last month, foreign currency deposits increased by more than 30 percent, affecting the money supply. Mongolia’s official foreign exchange (FX) reserves stood at USD 4.1 billion as of the end of March. This is approximately the amount required to meet the annual import demand. Global stock market activity is declining due to the economic downturn. Investors are selling risky securities and flocking to highly liquidassets. Specifically, government bond yield increased by an average of 19.2 percent this month compared to the same period last year, and the price decreased by 2.2 percent. As economists predict, the possibility to attract capital from foreign markets are shrinking. The lack of a recovery in exports is likely to pose a significant challenge to the foreign exchange market. Negotiations are ongoing to extend the USD two billion swap agreement with the People’s Bank of China, which was due in July this year. Extending the swap agreement will relieve the burden of short-term debt. This will have a major impact on the stability of the tugrik.



Published Date:2020-05-22