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Low US dollar rate enables more Mongolians to travel abroad

The Central Bank of Mongolia sets and announces official foreign currency exchange rates each day. According to the BOM rates published on 18 September, the Mongolian tugrik stood at MNT 2500.82 against the US dollar; the lowest since March.The  US

Central Bank of Mongolia purchases 2.8 tonnes of gold

The Central Bank of Mongolia (Mongol Bank) said on Friday that it had purchased 12.2 tonnes of gold from legal entities and individuals in the first eight months of this year, including 2.8 tonnes in August. The bank is aiming

OSCE delegation visits Mongolia

A delegation led Rasa Ostrauskaite, Co-ordinator of Activities to Address Transnational Threats at the Organization for Security and Co-operation in Europe (OSCE) has visited Mongolia from 4-7 September.

During the visit, the OSCE delegation has held meetings with Mongolian authorities from

Making ends meet: Mongolian students in part-time jobs

Approximately 30-50 Mongolian students apply for part-time jobs every day at the Central Youth Labor Exchange. For many, it is the only way to make ends meet, The office mediates between over 500 enterprises actively operating in Mongolia and 40,000-50,000

Mongolia asks Russia for $1.5 billion loan

Russian Deputy Prime Minister Alexei Gordeyev and his Mongolian counterpart U.Enkhtuvshin have been discussing ways to enhance trade and economic cooperation between the two countries. The two met in Moscow on Tuesday.

During the meeting, the Mongolian Deputy Prime Minister asked

Relations between Iran and Mongolia developing

Mongolian Deputy Foreign Minister B.Battsetseg has met his Iranian counterpart Mohammad Javad Zarif in Tehran. The two sides exchanged views about a range of issues, including ways to boost bilateral economic relations between the two countries.

The two diplomats also discussed

Mongolia to host Global Women’s Trade Summit

The Global Women’s Trade Summit will be held in Ulaanbaatar,  on 6-8 September.

Approximately 300 delegates from Mongolia, China, Singapore, Malaysia, Australia, India and other members of the IWFCI, and its founder Diana Abruzzi will attend the event.

The annual event aims

Facebook delegation visits Mongolia

A delegation from Facebook Asia Pacific is currently making a working visit to Mongolia from 4-7 September, at the invitation of the Communications Regulatory Commission of Mongolia.

The delegation consists of George Chen, Head of Public Policy for Hong Kong and

Early snow falls in western Mongolia

Today, (5 September), is a cold and rainy day on the streets of the Mongolian capital Ulaanbaatar.  According to metrological reports, a sharp temperature decrease is expected nationwide over the coming two days.

Last night, snow fell in the western Mongolian