The “Ulaanbaatar Railway” Mongolian and Russian Joint Venture has decided to increase the transportation costs as of 1st November. For example, the transportation of non-ferrous and ferrous metals will be increased by 20%, and petroleum and petroleum products and all construction materials will increase by 10%. Also, “Ulaanbaatar Railway” has decided to increase the exchange rate of the currency from Swiss franc to Mongolian tugrik by MNT 250-300 bringing it in line with international passenger transportation costs.