Mongolia's forex reserves reach record high in 2024
ULAN BATOR, Jan. 3 (Xinhua) -- Mongolia's foreign exchange reserves hit a record high of 5.5 billion U.S. dollars by the end of 2024, according to official data released by the country's central bank on Friday.
The figure represents an 11.81 percent increase compared to the previous year, the Bank of Mongolia said.
Mongolia's forex reserves had significantly dwindled to 2.6 billion dollars in August 2022,