“Mongolia’s parliament approved a law that ended different rules for domestic and foreign non-state investors after the Mongolian tugrik fell 21% against the dollar this year and foreign direct investment slumped by 47%.  Mongolia’s mineral boom has slowed amid a protracted dispute with key investors, including Rio, and increasing calls for a greater share of revenue to go to its citizens. Building infrastructure will allow the landlocked country to export a greater volume of its abundant natural resources after low commodity prices hurt its $10 billion economy.  Mongolia’s central bank said it was in talks with the People’s Bank of China to double the currency swap agreement between the nations.”

http://www.bloomberg.com/news/2013-10-27/mongolia-premier-welcomes-foreign-investors-as-boom-slows.html

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