Mongolia’s foreign exchange reserves have shrunk to USD 2.6 billion U.S. at the end of August, down around USD 1.9 billion from the beginning of this year.

The significant decrease in the forex reserves is largely related to a current account

On this year’s World Environment Day, FIFA President Gianni Infantino delivered a video message launching a “Green Card for the Planet” campaign to raise awareness for the protection of the environment.

A little over three months on a FIFA Forward project

On 21 September, Mongolian President U.Khurelsukh called for global demilitarization during a speech before the plenary session of the United Nations General Assembly.

The billions of dollars spent on weapons could have had a profound effect on poverty and climate change,

U.S. Ambassador to Mongolia Michael Klecheski announced the U.S. government, through the United States Agency for International Development (USAID), is providing an additional USD 3 million to further strengthen the United States-Mongolia partnership to meet shared development goals.

USAID funds will

Khan Bank joined Asian Development Bank’s (ADB) Trade and Supply Chain Finance Program (TSCFP) in 2010 to improve the availability of trade finance products it offers to businesses and traders. Thanks to the program, Khan Bank was able to partner

Small and medium-sized enterprises (SMEs) are important contributors to job creation, innovation, and global economic growth and play a critical role in social cohesion. According to World Bank estimates, 600 million new jobs will be needed to absorb the growing

On Monday, Mongolia’s western province of Khovd had quarantined due to bubonic plague. The office said that the decision was made after a case of bubonic plague was confirmed in the Must soum of the province after the infected person

This year marks the 50th anniversary of the establishment of diplomatic relations between Mongolia and Australia. In recognition of this milestone, the two governments have organized a diverse range of activities celebrating the past and present and looking forward to

Today (20 September), the Bank of Mongolia raised the country’s benchmark rate by 200 basis points to 12 percent, the fourth this year, for a total of 600bp of monetary tightening.

The increase brings the policy rate to its highest level

Today (19 September), President of Mongolia U.Khurelsukh has departed to the U.S. to attend the 77th session of the United Nations General Assembly at its headquarters in New York City. The session will take place on 20-26 September .

The 77th session