Mongolian currency continues to weaken against USD

Source: Xinhua | 2018-09-25

The exchange rate of Mongolian national currency the tugrik against the U.S. dollar is depreciating faster in recent days, the Bank of Mongolia, Mongolia's central bank, said Monday.

The exchange rate of the U.S. dollar against the tugrik stood at 2,530 on Monday. The exchange rate stood at 2,490 a week ago.

The latest decline has brought the tugrik-dollar exchange rate to the lowest level in history.