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Monday, August 4, 2014

[BREAKING: FX reserves fall 17.9% in June to US$1.3B from May, down 57.6% from June 2013]

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- BREAKING NEWS -

Monday, August 4, 2014

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Mogi: ok, BoM is out with FX numbers 1 day late, NSO is still yet to announce Q2 GDP numbers, originally scheduled for August 1

BoM: FX Reserves in June Fall 17.9% MoM to US$1.32 Billion, -57.6% YoY

August 4 (Bank of Mongolia) The Bank of Mongolia has changed its’ policy regarding official foreign exchange reserves reporting. The statistics will be published with an one-month lag /previously published with three-months lag/ on the first business day of the following month. Policy is in effect since July, 2014. (Mogi: well, it didn’t come out on the first business day, but the 2nd, but that’s better than a 3 month delay)

Date

Gross Reserves

Monthly, %

YTD, %

YOY, %

2014.6

1317.5

-17.9

-41.4

-57.6

2014.5

1604.5

-11.9

-28.6

-52.6

2014.4

1821.7

-6.2

-18.9

-48.1

2014.3

1943.3

-11.5

-13.5

-48.8

2014.2

2195.3

-10.2

-2.3

-45.3

2014.1

2446.3

8.8

8.8

-40.1

2013.12

2248

-2.7

-45.5

-45.5

2013.11

2309.6

-3.3

-44

-13.7

2013.10

2389.2

-10.8

-42.1

-10.7

2013.9

2679.6

-1.7

-35.1

-7.7

2013.8

2725.5

-9.5

-33.9

-0.9

2013.7

3012.7

-3

-27

7.6

2013.6

3107.5

-8.3

-24.7

6.9

Link to FX reserves page

 

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