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Ulaanbaatar Securities Exchange
Ulaanbaatar Securities Exchange (UBX) was established on May 1, 2015. UBX has acquired trading and clearing licenses from Financial Regulatory Commission in the same year. In 2017, the first listed company offered its shares to the general public, but also during 2018-2021, bonds are traded successfully. As of the first half of 2021, the Exchange conducted a total of 857 transactions and traded shares and bonds worth 2,319,610,430 MNT MNT may stand for: */mnt in Unix, directory including mount points * Medical nutrition therapy * MNT (gene), a transcription factor * Molecular nanotechnology * Mongolian tögrög, the currency of Mongolia by ISO 4217 currency code *Mononitrotoluen .... As of the first half of 2021, the Exchange has 17 member securities companies, five clearing members, and two market makers. Out of the five clearing members, two general members are responsible for payment and settlement activities of their contracted securities companies and the Exchange's trading ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mongolian Tögrög
The tögrög or tugrik ( Mongolian Cyrillic: , Mongolian script: , transcription: ; sign: ₮; code: MNT) is the official currency of Mongolia. It was historically subdivided into 100 ( / ). Currently, the lowest denomination in regular use is the 10-tögrög note and the highest is the 20,000-tögrög note. In Unicode, the currency sign is . In 2010, the tögrög rose 15% against the US dollar, due to the growth of the mining industry in Mongolia. However, its exchange rate eroded by 24% from early 2013 to June 2014 due to falling foreign investment and mining revenue. Etymology The word ''tögrög'' (төгрөг) refers to "circle", or a "circular object" (i.e. a coin). Today, it is rarely used outside of referring to the currency, with the exception of the phrase ''tögrög sar'' (төгрөг сар), meaning "full moon". History The tögrög was introduced on December 9, 1925 at a value equal to one Soviet ruble, where one ruble or tögrög was equal to of silver. It ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Mongolia
The economy of Mongolia has traditionally been based on agriculture and livestock. Mongolia also has extensive mineral deposits: copper, coal, molybdenum, tin, tungsten, and gold account for a large part of industrial production. Soviet assistance, at its height one-third of Gross domestic product (GDP), disappeared almost overnight in 1990–91, in the time of the collapse of the Soviet Union. Mongolia was driven into deep recession. Economic growth picked up in 1997–99 after stalling in 1996 due to a series of natural disasters and increases in world prices of copper and cashmere. Public revenues and exports collapsed in 1998 and 1999 due to the repercussions of the Asian financial crisis. In August and September 1999, the economy suffered from a temporary Russian ban on exports of oil and oil products. Mongolia joined the World Trade Organization (WTO) in 1997. The international donor community pledged over $300 million per year in the last Consultative Group Meeting, hel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Securities (finance)
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any form of financial instrument, even though the underlying legal and regulatory regime may not have such a broad definition. In some jurisdictions the term specifically excludes financial instruments other than equities and Fixed income instruments. In some jurisdictions it includes some instruments that are close to equities and fixed income, e.g., equity warrants. Securities may be represented by a certificate or, more typically, they may be "non-certificated", that is in electronic ( dematerialized) or "book entry only" form. Certificates may be ''bearer'', meaning they entitle the holder to rights under the security merely by holding the security, or ''registered'', meaning they entitle the holder to rights only if they appear on a secu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services In Mongolia
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability assessment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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