Mongolia Economic Analysis

Independent analysis of Mongolia's economy, mining sector, trade dynamics, and policy developments. Data-driven insights for investors, researchers, and policy observers.

Latest Analysis

Mining Sector • 2 hours ago

Copper Price Surge: Implications for Mongolia's 2025 Budget Projections

Global copper prices reached $9,200 per tonne this week, exceeding government budget assumptions by 15%. We analyze the fiscal implications for Mongolia's revenue forecasts and potential impacts on the Oyu Tolgoi expansion timeline.

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Trade Data • Yesterday

September Trade Balance: Coal Exports to China Rise 23% YoY

Mongolia's coal exports surged in September, driven by strong Chinese demand and easing border restrictions. Analysis of trade patterns and sustainability concerns.

Monetary Policy • 3 days ago

Bank of Mongolia Holds Policy Rate at 12%: Reading Between the Lines

Central bank maintains hawkish stance amid persistent inflation. What the statement reveals about currency concerns and 2025 policy trajectory.

Key Economic Indicators

USD/MNT Exchange Rate
3,442.5
↓ 0.8% (1 week)
Inflation (Annual)
8.2%
↑ 0.3pp (Sept)
Copper (per tonne)
$9,200
↑ 12.5% (YTD)
Coal Exports (Sept)
4.2M tons
↑ 23% (YoY)