Federal Reserve statement - lowering federal funds rate to 0 to .25%
The Federal Reserve issued coordinated actions to combat the economic impacts of the coronavirus Sunday night...
Total export decreased by USD 322.9 million compared to previous year
In the first two months of 2020, Mongolia traded with 114 countries from all over the world, and the total trade turnover...
Brent crude oil price down below $30 first time since January 2016
The price of futures contracts of Brent crude oil for May 2020 delivery dropped by 12.7% on London's ICE since its previous closure...
The Bank of Mongolia decreases its policy rate to 10 percent
At its regular meeting held today, the Monetary Policy Committee of the Bank of Mongolia made a decision to reduce...
China's 2019 economy by the numbers
Last year, the Chinese economy maintained a stable performance amid mounting integral and external...
Mongolia extends period of flight suspensions
The State Emergency Commission yesterday decided to extend the period of suspensions of flights to and from South Korea, Japan, Irkutsk, and Ulan-Ude...
Asian stocks plunge; Nikkei falls below 20,000; Yen surges
Asian stock markets plunged Monday after oil prices nosedived on worries the global economy, weakened by a virus outbreak...
Dollar surrenders to euro and yen as rate supremacy ends
The U.S. dollar fell across the board on Friday, posting its biggest weekly loss in four years, as a sharp drop in U.S. government bond...
Coal export through Zamyn-Uud checkpoint resumed
Beginning from March 4, heavy trucks loading coal started crossing the border through Zamyn-Uud border checkpoint after being fully decontaminated...
Oil consumption just fell off a cliff. OPEC is facing a huge test
London (CNN Business) Oil producers are facing the biggest drop in demand for their product ever as the coronavirus spreads...
China's Belt and Road power grids keep security critics awake
TOKYO/MANILA/SHANGHAI -- Philippine Senator Sherwin Gatchalian has not been sleeping well...
Gold purchase increases 10-fold
As of first two months of 2020, the Bank of Mongolia (BoM) has purchased 4.3 tons of gold in total...
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11:59 pm
May 15, 2025