At a meeting held on 26 of June 2020, the Monetary Policy Committee decided to:

1) Keep the policy rate unchanged, considering the current macroeconomic and financial market developments, their prospects, and uncertainties in the domestic and external environment;

2) Reduce remuneration

Rio Tinto has been spared from footing the bill for a US$1bn coal-fired power station in Mongolia, where the miner is developing a huge underground copper deposit in the Gobi Desert.

The Anglo-Australian group said on Monday that a government-built plant

Quarantine measures have been announced in two soums (districts) of Khovd Province, in western Mongolia after the bubonic plague has been reported. The quarantine started at 10.00 p.m. on Monday 29 June for undefined period.

According to, the National Centre for

By decree of President Kh.Battulga, the newly formed Mongolian Parliament held its first session today (30 June) at 12.00 p.m. As the State Great Khural gathered for the first time since last week’s election, the 76 MP’s took their oaths

Earlier today (30 June), Mongolian President Kh.Battulga addressed the opening of the first session of the new parliament or State Great Khural. The Mongolian People’s Party majority parliament was formed after the election on 24 June. President congratulated all 76

A pregnant woman infected with the novel coronavirus, gave birth to a girl yesterday (29 June) in the National Centre for Communicative Diseases. The baby weighs 3.8 kg and is healthy.

Mongolia has quarantined over 11 thousand its nationals who have

A MIAT Mongolian Airlines plane has conducted the first-ever flight from the capital, Ulaanbaatar to the United States, triggering plans for a regular service when the world returns to normal. The flight to Seattle International Airport was a special government-charter

Ulaanbaatar City Bank has been merged with the Trade and Development Bank of Mongolia (TDB) with its entire active, passive assets and sectors. The Central Bank of Mongolia (aka Mongol Bank) gave approval of consolidation of two banks on 23

Mongolian rock band ‘the HU’ gave a two-hour long concert at the White Rock Centre in Ulaanbaatar yesterday night (28 June) at 10.00 p.m. This was an online concert for collecting donations to support the National Emergency Commission of Mongolia

A Mongolian who was repatriated from Kazakhstan has been confirmed as having coronavirus infection at the third test. The passenger tested negative to coronavirus in tests on 11 June and 22 June after having been evacuated from Nur-Sultan in Kazakhstan.