Economic Archives - Page 20 of 96 - News.MN

First INEOS GRENADIER retailer apppointed in Mongolia

INEOS Automotive has nominated MSM Group LLC as the distributor that will operate its sales and service network in Mongolia.

Combining rugged British spirit and design with German engineering rigour, the Grenadier is an uncompromising 4X4 built from the ground up.

Copper declined by 24 percent since Rio lobbed its bid

Rio Tinto’s bid to complete a takeover of Turquoise Hill Resources has received a boost after the most vocal opponents of the deal agreed not to vote at the shareholder meeting that will determine whether the USD 3.3 billion deal goes

Mongolia to privatize the Mongolian Stock Exchange

Parliament and the cabinet have approved the plan to privatize the Mongolian Stock Exchange (MSE), fully state-owned since its inception in 1991. According to plan, the exchange can float up to 34% of its shares by the end of the

Tugrik weakens by 18 percent against U.S. dollar

As of Friday (2022.10.28), the exchange rate of Mongolia’s national currency the Tugrik against the U.S. dollar has weakened by 18 percent year on year.

The exchange rate of the U.S. dollar against the Tugrik is at 3,383.20 on Friday.

The depreciation

Mongolia to implement Child Money Programme for targeted groups

To mitigate the adverse impacts of the pandemic, government assistance to households has been generous and diverse. One notable measure introduced in 2020 is the increase in benefit amounts given to households through the Child Money Programme. The programme, which