Ulaanbaatar
Monthly Average Exchange Rate of MNT Against USD 3438.26
Economy
Ulaanbaatar, July 21, 2023 /MONTSAME/. According to the social and economic statistics presented by the National Statistics Office of Mongolia, the total production of the industrial sector in the first half of this year equaled MNT 13.2 trillion.
This marks an increase of MNT
4.6 trillion or 54.2 percent from the same period of the last year. It
includes:
• mining sector increased by MNT
3.7 trillion or 67.3 percent,
• processing production grew
by 31.3 percent.
Money
and finance: The balance of outstanding loans increased to MNT
1.3 trillion or 20.0 percent, and the balance of non-performing loans increased
to MNT 2.2 trillion or 5.3 percent respectively.
Exchange
rate: The average monthly exchange rate of MNT against USD is
3438.26.
• average monthly exchange
rate of MNT against EUR is 3727.66,
• average monthly exchange
rate of MNT against RMB is 479.83,
• average monthly exchange
rate against of MNT against RUB is 41.07.
Foreign
trade: Mongolia traded USD 8.6 billion with China in the first
half of this year, which accounts 73 percent of the total foreign trade
turnover.
