"The exchange rate is expected to stabilize further," he said.

Official foreign exchange reserves reached a historic high at the end of 2024. However, as the year began, the foreign trade situation of developed countries and the resulting uncertainty affected the prices of raw materials, especially coal, in the world market, which in turn caused a short-term gap in the inflow and outflow of foreign exchange in Mongolia. However, it was reported that “the Government of Mongolia and the Bank of Mongolia have …