Tugrik Mongolo



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Mongolia gets financial aid totalling $5.5bn from IMF - BBC News

But its economy went into a tailspin when oversupply led to a fall in commodity prices. Also, demand dropped from China, which had been buying 90% of Mongolia's exports. The downturn led to the Mongolian currency, the tugrik, becoming the world's worst ... Leggi

Mongolia Says It Grows 4.2 Percent in Q1, Lifted by Higher Coal Prices - Jakarta Globe

Mongolia's tugrik currency, which tumbled nearly 25 percent in 2016, strengthened 3 percent against the dollar in the first quarter. However, economic pressures continue to hurt Mongolia ahead of June presidential elections. At the end of March, annual ... Leggi

One-time emerging market darling Mongolia is running out of cash - CNBC

The Mongolian tugrik has plummeted nearly 12 percent against the dollar this year, which prompted the Mongolian central bank to lift its policy rate on Thursday by 450 basis points to an all-time high of 15 percent. The government also announced some ... Leggi

Mongolian Tugrik Meltdown Seen Cooling Down Myanmar Kyat: Chart - Bloomberg

The freefall in Mongolia's exchange rate may be cooling down the Myanmar kyat, which had been the world's best-performing exotic currency this year until the tugrik started its epic 14 percent slide to a record low. The crisis that saw Mongolia's new ... Leggi

Mongolia annuls forex regulation to pave way for IMF bailout - Reuters

Heavy foreign debt, a collapse in its tugrik currency and a slowdown in growth in its biggest trading partner, China, have combined to push the economy into crisis. A member of the budget standing committee, Ch. Khurelbaatar, said there was no time to ...altro » Leggi

Poll: Which of these currencies will hit parity against the dollar? - CNBC

The dollar's rapid rise, following Donald Trump's November 8 election victory, shows little sign of abating, with investors betting on a positive outlook for the U.S. economy in anticipation of additional fiscal stimulus. Since the election, the dollar ... Leggi

Mongolian assets slump after 'economic crisis' admission - Financial Times

The Mongolian tugrik is sliding for the 19th straight day and the country's dollar bonds are nursing heavy losses after the finance minister said the government's fiscal deficit is likely to be 21.1 per cent of GDP this year – somewhat larger than the ... Leggi

The World's Worst Currency Is in a Record Slide - Bloomberg

Mongolia's tugrik, the world's worst-performing currency in August, is in its longest losing streak on record as the nation's government seeks ways to stabilize an economy it says is in the grip of a crisis. The currency weakened a 22nd day to 2,243.50 ...altro » Leggi

Tugrik 22-Day Slump to Record Low Marks Crisis: Chart - Bloomberg

Mongolia's tugrik is in its longest losing streak on record with the economy in the grips of a crisis so severe that the newly elected government run by the Mongolian People's Party felt obliged to tell the nation last week that they may not be able to ... Leggi

Mongolia's Tugrik Seen Heading for Record Low as Copper Tumbles - Bloomberg

Mongolia's tugrik is seen dropping to a record low in the coming weeks as the price of copper, the country's top export, tumbles. The metal has fallen 16 percent over the last two months to a six-year low as a Chinese stock-market rout heightened ... Leggi