The core objective of the Bank of Mongolia is to maintain price stability.
"On the Foreign Exchange Auction held on April 28th, 2016, the BOM sold CNY 29.0 million in a closing rate with MNT 308.52 and sold USD 7.9 million by swap agreement respectively."
"Current account amounted to the surplus of $84.9 million increasing by 158% or $52.0 million compared to the same period of the last year."
"As of Feb 2016 the total cumulative trade turnover decreased by 20.6% (USD 250.2 millions) from that of the previous year and reached USD 965.4 millions. The decrease in the trade turnover was mainly due to the decrease in exports by USD 139.9 millions."