Mongolia's Forex Reserves Rise to USD 4.3 Billion
Minister of Economy and Development of Mongolia Ch. Khurelbaatar presented the progress of implementation of the Mongolian Government's Resolution No. 362 of October 2022, on Some Measures for Increasing Foreign Exchange (forex) Reserves at the Cabinet meeting. Under the Resolution, comprehensive measures have been implemented to enhance export and transportation processes, establish an automated customs and tax collection system, heighten monitoring capabilities, and introduce a mining products exchange system, achieving certain results.
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