ULAANBAATAR, Mongolia (AFP) – At Ulaanbaatar’s Naiman Sharga money exchange market, elderly women stand in the street waving wads of money at passers-by, encouraging them to change foreign currency to Mongolian tugriks. Each transaction nets them a small profit — but when the value of the tugrik fluctuates it makes that more difficult, and lately the currency has taken a dive. This year the currency has fallen almost 15 percent against the US dollar — […]
Tag: basic goods
Government widens price monitoring of basic goods
The government is strengthening its price monitoring activities in the face of continued rising prices of basic goods from rice, garlic and ginger as well as meat and meat products to strictly implement anti-profiteering measures.





