[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 2^nd, 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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