Bank of Mongolia

Official Foreign Exchange Reserves Reach Record High USD 7.2 Billion

The Bank of Mongolia reported that official foreign exchange reserves reached a record high of USD 7.2 billion (USD 7,187.8 million) by the end of Q1 2026, representing a USD 182.5 million increase since the beginning of the year. The reserves are sufficient to cover 8.4 months of merchandise imports, 5.6 months of total imports of goods and services, and 275 percent of short-term external debt.

Financial Education Campaign for Youth in Tuv Province

The Bank of Mongolia, in collaboration with the Deposit Insurance Corporation of Mongolia and the Governor's office of Tuv province, organized a Manage Your Money Wisely event on April 3, 2026 in Zuunmod as part of Global Money Week 2026. The event featured interactive competitions testing financial literacy among young participants, with students awarded savings certificates and souvenirs. This is part of the OECD Global Money Week annual campaign now in its 13th edition since 2012.

Governor Narantsogt Leads Delegation at IMF-World Bank Spring Meetings

The Governor of the Bank of Mongolia, S. Narantsogt, led the Mongolian delegation at the IMF-World Bank Spring Meetings in Washington D.C. from April 13-18, 2026. Discussions focused on geopolitical impacts on oil and energy prices, artificial intelligence in finance, cyber risks, digital financial solutions, banking sector reforms, and central bank independence. International partners noted Mongolia's relatively stronger capacity compared to peer countries to manage geopolitical challenges.