The USD exchange rate, which has been gradually increasing since the end of June, rose to 2,058 MNT on July 24. As of July 24, the exchange rate was set at 2,055 MNT against USD at Naiman Sharga currency exchange market. Commercial banks and currency exchange centers in Mongolia sold USD for 2,053 to 2,058 MNT. By the end of June, the USD exchange rate was 1,980 MNT.