Foreign exchange reserves including gold reached 3,017 USD bil in 2017 in Mongolia, according to the National Statistical Office. This is 131 % more than in the previous year.
Historically, foreign exchange reserves including gold in Mongolia reached an all time high of 4,126 USD bil in 2012 and an all time low of 22.8 USD bil in 1992. When compared to Mongolia's main peers, foreign exchange reserves including gold in China amounted to 3,235,682 USD bil, 30,747 USD bil in Kazakhstan, 2,177 USD bil in Kyrgyzstan and 432,731 USD bil in Russia in 2017.
Mongolia has been ranked 101st within the group of 151 countries we follow in terms of foreign exchange reserves including gold, 20 places above the position seen 10 years ago.
FX reserves in a strict sense are "only" the foreign currency deposits and bonds held by central banks and monetary authorities.
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