Forum on currency policy held
The President’s Office, Mongol Bank, and the National Development and Reform Committee jointly organized an open forum on currency policy in the auditorium of the University of Mongolia on Wednesday.
Participants heard about the Mongol Bank’s basic principles of currency policy, their implementation, and the factors that can affect the stability of currency.
The forum was designed to enhance understanding of Mongolia’s present currency situation, how it is affected by foreign markets, and what future trends might be.
Mongol Bank senior economist Ts.Munkhbayar said, despite increasing government revenue, Mongolia has much foreign debt and will run a deficit until 2014.
Participants heard about the Mongol Bank’s basic principles of currency policy, their implementation, and the factors that can affect the stability of currency.
The forum was designed to enhance understanding of Mongolia’s present currency situation, how it is affected by foreign markets, and what future trends might be.
Mongol Bank senior economist Ts.Munkhbayar said, despite increasing government revenue, Mongolia has much foreign debt and will run a deficit until 2014.
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