Mongolia holds interest rate at 10%
The Bank of Mongolia stated on Tuesday that it decided to maintain its benchmark interest rate at 10 per cent.
Browsing Tag
Mongolia
Mongolia’s economy expands in 1st 3Qs
Mongolia's economy expanded 5.0 per cent year-on-year during the first three quarters of 2024, reaching over $15.4…
Mongolia secures $100-m loan for climate action
The Asian Development Bank (ADB) has approved a $100 million policy-based loan to support Mongolia’s climate goals,…
EBRD invests $12.5m in Mongolia’s Khan bank green bond
The European Bank for Reconstruction and Development (EBRD) has invested US$12.5 million (€11.5 million) in a green…
Mongolia’s foreign trade up 13% in 9m
Mongolia's foreign trade turnover increased by 13 per cent year-on-year to $20.4 billion in the first three…
EBRD offers €24.6m loan to decarbonise Mongolia’s construction sector
The European Bank for Reconstruction and Development (EBRD) is financing the refurbishment of Shunkhlai Holding’s…
Mongolia’s capital sees 6.8% rise in new apartment costs
Mongolia's capital city experienced a 6.8 per cent year-over-year increase in new apartment costs in August,…
Mongolia plans 2,100 km road expansion for ’25
Mongolia announced plans to construct a total of 2,100 kilometres of new roads in 2025.
Mongolia’s coal exports surge to 53.7m tons in 8m
Mongolia's coal exports surged to 53.7 million tons in the first eight months of 2024, marking a significant 31.3…
Mongolia’s foreign trade up by 13.6% YoY in 8m
Mongolia's foreign trade saw a significant boost, with turnover increasing by 13.6 per cent YoY to reach $18.1…
AfDB 2023