Today (24 March), Mongolia’s central bank has lifted the country’s key interest rate by 2.5 percentage points to 9 % in a desperate move to halt the home currency’s decline amid Russia-Ukraine crisis.
Four days after Russia invaded Ukraine on February
Michael Klecheski, the U.S. Ambassador to Mongolia stated that “…The Mongolia Water Compact is among the largest single investments that the U.S. has made to the region’s, and will increase Ulaanbaatar’s water supply by 80 percent.
Op-Ed by the Ambassadors of the European Union and its 27 Member States, and the Ambassadors of Norway and the United Kingdom
The war of aggression against Ukraine and its implications
24 February 2022 will be marked in history books as the
In February, The Bank of Mongolia (BoM) purchased 795.3 kg, raising the BoM’s total precious metal purchase of 2022 to 2.4 tons. The figure shows an increase of 464.6 kg as compared with the same period of the previous year.
With a unique value proposition to tourists, Mongolia’s tourism sector has substantial growth potential, but faces key constraints in air transport and sector coordination, according to the World Bank’s new study on Mongolia’s tourism sector. The study, entitled Fostering Inclusive
China’s COVID-19 policy has severely affected Mongolia’s economy as it is “disproportionally dependent on its biggest foreign trade partner Beijing”, said a Canada-based think tank. As the world enters the third year of the COVID-19 pandemic, Mongolia’s economy has been
An epic 3,600km, 84-day ridden expedition is set to take place in Mongolia later this year. The Blue Wolf Totem Charity Adventure will take riders through little-known historical sites, stunning vistas and significant places and times in Mongolian history.
One more country has joined the worldwide clamor to remove entry requirements in the past few days, with Mongolia now completely removing its entry rules for travelers.
In doing so, Mongolia – located in Asia – has become the 17th country
Today (21 March), Mongolia recorded 35 new COVID-19 infections in the past 24 hours, the lowest since 7 March, 2021, when 67 daily cases were reported. With the new infections, the national tally increased to 467,595.
After more than two years, Mongolia reopened its air border to resume international passenger flights on 1 June, 2021. However, there was strict rules for international travellers due to coronavirus. For example, tourists must present proof of being vaccinated or
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