China’s coking coal imports accelerated in June as Mongolia ramped up coal truck deliveries and seaborne arrivals bounced back, with US imports rising to nearly a two-year high.

China imported 6.26 million tonnes of coking coal in June, up by 31

As of today (29 July), one US dollar is being sold for MNT 2844.58 at commercial banks,while one Euro for MNT 3331.29, and one Russian Rbl for MNT 39.51. The Mongolian Tugrik continues to fall against the US dollar, theChinese

The Research Centre for Economic Policy and Competitiveness has issued reviews conducted on the banks operating in Mongolia. There currently are 12 commercial banks in the country. According to the Central Bank of Mongolia, the most influential banks are the

Mongolia has recorded very few cases of COVID-19, less than 300 as on date, despite its more than 4,000 kilometre porous border with China. However, the country faces a major economic impact from the pandemic, says Tapan Mishra, the UN

Mongolia’s coal exports to China could be poised for growth in the second  half of 2020 after exports registered a significant 63% year-on-year decline over January-May, China’s customs data released late June showed.

However, the key driver would be the price

According to the Central Bank of Mongolia, the Tugrik rate has fallen against the US Dollar by three percent and by 1.8 percent against Chinese Yuan since January, 2020. However, the Mongolian currency has risen against the Russian Ruble by

Earlier today (22 July), the Mongolian Cabinet tasked the Ministry of Food, Agriculture and Light Industries to prepare more than 20 thousand tonnes of meat to cover the food demand for Ulaanbaatar. This is an increase of six thousand tonnes

Mongolia has taken early and decisive measures to prevent COVID-19 entering and spreading domestically across the country. Despite the limited cases confirmed in Mongolia, the household-level shocks caused by COVID-19 will be long-lasting and will disproportionally hit the poor and