Mongolia has suspend deliveries of coal across its southern border into China until March 2 to prevent the spread of the coronavirus. The desicion came from emergency meeting of National Emergency Commission on Monday after 12 truck drivers were isolated

Mongolia is currently exporting coal through two main border crossings with China; others have been closed in order to prevent the spread of coronavirus, which has hit over 20 countries. At the Gashuun Sukhait Border Crossing, each day 110-120 coal

The Central Bank of Mongolia announced earlier today (7 February) the introduction of new designs for the MNT 50,000 and MNT 20,000 banknotes. This is part a measure to reconstitute the reserves of the banknotes in circulation.

The new bank notes

A Mongolian citizen has been fined MNT 2 million for spreading fake news over coronavirus. Named ‘E’ for legal reasons, the person from the Bayanzurkh District of Ulaanbaatar posted a Facebook message saying that Mongolia quarantined the first case of

Mongolia’s exports and imports fell in January 2020 due to the deadly coronavirus outbreak in China, which has since spread to 25 other countries. China accounts nearly 95 percent of Mongolia’s import; most of them are car equipment, fuel, chemical

Mongolia’s currency has risen against the Chinese Yuan as the country closes the border with its southern neighbour in a raft of measures to prevent the spread of coronavirus.

Normally, the exchange rate of the Mongolian Tugrik against the yuan weakens

B.Enkh-Amgalan, Minister of Road and Transport Development of Mongolia has met with Belarusian Minister of Industry Pavel Utyupin. During the meeting, he put forward a serious proposal to build a freight train assembly plant in Mongolia in cooperation with the

On Friday (31 January), B.Bayardavaa, Director General of the Monetary Policy Department at the Central Bank of Mongolia presented the economic and financial forecasts for 2020.

He noted that Mongolia’s economic growth has remained high for last three years. For example,