1 MONGOLIA-JAPAN BUSINESS FORUM TO BE HELD WWW.MONTSAME.MN PUBLISHED:2022/08/11      2 “MONGOLIANS HAVE THE POTENTIAL TO PARTICIPATE IN INTERNATIONAL AI PROJECTS” WWW.MONTSAME.MN PUBLISHED:2022/08/11      3 COAL’S SKYROCKETING PRICES COULD LAST YEARS ON RUSSIA DISRUPTION WWW.BLOOMBERG.COM PUBLISHED:2022/08/11      4 INTERVIEW WITH BOLOR GANBOLD, MONGOLIA’S FIRST FEMALE GENERAL WWW.THEDIPLOMAT.COM PUBLISHED:2022/08/11      5 SHE SHOOTS, SHE SCORES: WOMEN JOIN ANCIENT MONGOLIAN GAME WWW.GLOBALPRESSJOURNAL.COM  PUBLISHED:2022/08/11      6 BROTHER OF UK PRIME MINISTER PUTS MONGOLIA ON NOTICE OF TREATY-BASED DISPUTE WWW.IAREPORTER.COM  PUBLISHED:2022/08/11      7 REPRESENTATIVES OF SINGAPORE’S CENTRAL PROVIDENT FUND ARRIVES IN MONGOLIA WWW.MONTSAME.MN PUBLISHED:2022/08/11      8 COOPERATION TO BE DEVELOPED WITH S.KOREA TO IMPROVE CONTROL SYSTEM OF OIL PRODUCTS WWW.MONTSAME.MN PUBLISHED:2022/08/11      9 "MONGOLIA IS VERY ATTRACTIVE FOR JAPAN" A MEMBER OF THE FOUNDING FAMILY OF SEIKO HOLDING WWW.JARGALDEFACTO.COM PUBLISHED:2022/08/10      10 MONGOLIA'S RECOMMENDATION 15 ASSESSMENT IMPROVED WWW.MONTSAME.MN PUBLISHED:2022/08/10      ҮСХ: БАРИЛГЫН ӨРТГИЙН ЕРӨНХИЙ ИНДЕКС II УЛИРАЛД ӨМНӨХ УЛИРЛААС 9.3 ХУВИАР ӨСЛӨӨ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2022/08/11     УУХҮЯ: I/01-VIII/04 ХҮРТЭЛХ ХУГАЦААНД 11.5 САЯ ТОНН НҮҮРС ЭКСПОРТЛООД БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2022/08/11     ГЕГ: I-VII САРД МОНГОЛ УЛС $4.7 ТЭРБУМЫН БАРАА, БҮТЭЭГДЭХҮҮН ИМПОРТОЛСОН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2022/08/11     ТЭНХЛЭГ ЗУУЧ: НИЙСЛЭЛД 163 ТӨСЛИЙН 9451 АЙЛЫН ХАУСЫН ТӨСӨЛ ХЭРЭГЖИЖ БАЙНА WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2022/08/11     ГААЛИЙН ТАТВАРААС ЧӨЛӨӨЛСӨН Ч УРГАМЛЫН ТОСНЫ ИМПОРТ 40% ОРЧМООР БУУРЧЭЭ WWW.IKON.MN  НИЙТЭЛСЭН:2022/08/11     ЭХНИЙ ДОЛООН САРД МАНАЙ УЛСАД 121,741 ЖУУЛЧИН ИРЖ, $122 САЯЫН ОРЛОГО ОРУУЛЖЭЭ WWW.IKON.MN НИЙТЭЛСЭН:2022/08/11     ХҮНСНИЙ ГОЛ НЭРИЙН БАРААНЫ ҮНЭ ДОЛОО ХОНОГТ 1.9 ХУВИАР БУУРЧЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2022/08/11     "ЭНЭ САРД 71.7 ТЭРБУМ ТӨГРӨГИЙН ИПОТЕКИЙН ЗЭЭЛ ОЛГОХООР АЖИЛЛАЖ БАЙНА" WWW.EAGLE.MN НИЙТЭЛСЭН:2022/08/11     АНТОНИО ГУТЕРРЕШ: МОНГОЛ УЛС ЗЭСИЙН НӨӨЦӨӨРӨӨ ТОМООХОН ТОГЛОГЧ БОЛОХ БОЛОМЖТОЙ WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2022/08/10     SXCOAL: VII САРД БНХАУ-ЫН НҮҮРСНИЙ ИМПОРТ ӨМНӨХ ОНЫ МӨН ҮЕЭС 22.05 ХУВИАР БУУРСАН WWW.BLOOMBERGTV.MN НИЙТЭЛСЭН:2022/08/10    

Mongolia's central bank purchases 9.7 tons of gold www.xinhuanet.com

Aug. 3 (Xinhua) -- Mongolia's central bank said Wednesday that it purchased a total of 9.7 tons of gold from legal entities and individuals in the first seven months of this year.
As of July, the bank's average gold purchase price had been 185,224.93 Mongolian tugriks (58 U.S. dollars) per gram, the Bank of Mongolia said in a statement.
Purchasing gold is one of the key ways for the central bank to ensure the country's economic stability by consistently increasing foreign currency reserves, said the bank.
Due to the COVID-19 pandemic and the Ukraine crisis, Mongolia's forex reserves fell to 2.8 billion dollars in July, down by 1.7 billion dollars from the beginning of this year, according to the central bank.
Central banks across the world typically hold gold as part of their foreign exchange reserves.
The Mongolian central bank plans to purchase at least 24 tons of gold in 2022 to increase the country's forex reserves.


Published Date:2022-08-03