Mongolia’s Central Bank decided today (20 December) to leave the benchmark interest rate unchanged at 11 percent for the third time. The policy interest rate was increased to 11 percent in November 2018.

The bank decided to keep the national exchange

Mongolia’s foreign exchange reserves are expected to reach 4.2 billion U.S. dollars by the end of this year.

Currently, the Central Bank of Mongolia, or Mongol Bank, has a total of 4 billion U.S. dollars of foreign exchange reserves. The figure

What can you teach the Mongolians about meat? The answer is: “not a lot!”. So how is that a Japanese meat dealer from Shizuoka, home to iconic Mt Fuji, is doing so well in expanding its business in the country?

What

When travelling, it makes sense to many people to carry some cash. Most countries have laws about how much cash you can cross their borders with. As for Mongolia, travellers may bring up to MNT 15 million in currency, coins

MIAT Mongolian Airlines is set to receive its first Boeing 787-9 aircraft. It will enable the Ulaanbaatar-based airline to fly to European and North American cities, opening up a whole raft of new possibilities for intrepid travellers. The aircraft will

The Mongolian government on Wednesday imposed a 12-month ban on the issuing of licenses for mineral exploration. ‘The ban is part of the government’s efforts to create responsible mining, explained officials. Currently, there are 2,889 active mining licenses.

During the term,

Mongolia won two gold medals and 11 in total at last month’s World Sambo Championships in South Korea. This was enough for second place in the overall standings behind the sport’s dominant force, Russia.

Mongolia is officially one of the countries

Mongolia isn’t a country commonly associated with luxury. But some of the world’s biggest luxury brands are betting on it. Chinese consumers are the trump cards Mongolia is counting on.

For years, Mongolia’s economy has depended on mining — in particular

Mongolian Cabinet has issued a resolution №419 to distribute special vehicles from official reserves for emergency needs to some provinces and soums where harsh winter conditions have occurred.

Earlier today, (19 December), the National Emergency Management Agency of Mongolia has distributed

Famous Mongolian academic B.Byambaa has received the Advanced Scientific Award for his research work of Advanced Technology for Preventing and Treating Animals with Parasitic Diseases. He also has been awarded a cash award of MNT 100 million. B.Byambaa has been