Subscribe to RSS

Naiman sharga exchange sold fake Chinese Yuan  October 14, 2013

Several people who traveled to China filed complaints to the Police that the Yuan they bought from Naiman sharga exchange was fake. The people claimed that some 6000 Yuan that they bought before they went to China was revealed to be counterfeit. Now Chingeltei District Police Department has initiated an investigation into the case.

A noticeable increase in the seizure of counterfeit mainland banknotes in Mongolia this year has prompted police to warn the public to be aware of the risk of counterfeit notes.

Police are warning the public to register the serial number of banknotes in writing or recording it on their mobile phone or using the guaranteed bank or financial institute when exchanging large amounts of money. The Police said most of the forgeries were 100 Yuan bills. Yuan buyers often become victims of counterfeiting when they buy a bundle of Yuan from Naiman sharga and then get into trouble in China


Add your comment


Other articlesgo to homepage

Mongolia Seeks Economic Lifeline With Pivot to China, Russia

Mongolia Seeks Economic Lifeline With Pivot to China, Russia(0)

After two decades courting Western investors and political allies, Mongolia is refocusing on foreign ties closer to home seeking to revive its economy. China’s President Xi Jinping is scheduled to arrive tomorrow in the country landlocked between his nation and Russia, as Mongolia’s economic woes mount. Growth is the weakest in four years, foreign investment has plummeted,

Scenes From Mongolia’s Changing Steppe

Scenes From Mongolia’s Changing Steppe(0)

National Geographic Grantee Hannah Reyes is a photojournalist curious about cultures in transition—how old traditions are surviving, what remains under broader social pressure, and the new forms emerging through the fusion, interaction and conflict of cultures. Mongolia is the most sparsely populated nation in the world, and it is home to one of the last surviving nomadic

Mongolia’s Hunnu Air e-tickets Asian routes with Abacus

Mongolia’s Hunnu Air e-tickets Asian routes with Abacus(0)

SINGAPORE – Mongolia’s second largest airline, Hunnu Air is contributing revenues of its own to the economy’s booming 12% GDP growth with expanded routes and new digital services, promoted with the latest Abacus technology. An Abacus e-ticketing capability will now streamline business and leisure bookings to build volumes from Hong Kong and Bangkok, as well as attracting new traffic

The clock is ticking for the government of Mongolia

The clock is ticking for the government of Mongolia(0)

The Government of Mongolia, which received instructions to intensify and recover the economy in 100 days, is getting to work. The plan for the hundred days was approved on May 9 through Parliament and almost two weeks have already passed, with only 90 days left for the government to fulfill, approve and decide on measures

Minnesota Media Fails Hometown Man In Mongolia

Minnesota Media Fails Hometown Man In Mongolia(0)

It is a reasonable hope for citizens of any country that if they are working or traveling abroad and get into trouble, they will get help from their home country. For American Justin Kapla, he was able to engender a brief moment of support from his hometown local Minnesota media three months into his now

read more

Contacts and information

Get informed

Mongolian Economic, Political, Social and Mining News

Social networks

Most popular categories