The Mongolian tugrik continues to feel pressure as the US dollar exchange rate sees a rise of another 10 tugriks, reflecting broader economic trends and seasonal factors. A month ago, …
Economy
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Economy
Development Bank Auction Offers Major Discounts on Real Estate, Land, and Licenses
by News HQby News HQInvestors and potential property owners have a unique opportunity to acquire assets at significantly reduced prices. The Ulaanbaatar Court Enforcement Office, in collaboration with the Development Bank, will hold a …
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In a significant boost to Mongolia’s economic outlook, international credit rating agency Moody’s has upgraded the country’s credit rating to “B2, Stable.” This positive move comes after nine years and …
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Mongolia has reported a bumper harvest this year, with significant increases in grain, potato, vegetable, forage crop, and industrial crop production. However, the country’s agricultural sector continues to face challenges, …
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Economy
Mongolia’s 2025 Economic Outlook: Evaluating Conflicting Views on Growth and Structural Challenges
by News HQby News HQAs Mongolia prepares for 2025, there is a stark contrast in the economic forecasts provided by international organizations and domestic experts. While international agencies like the Asian Development Bank (ADB) …