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Buddha's Birthday is a public holiday in Mongolia that commemorates the birth, enlightenment, and death of Gautama Buddha. It is a day of spiritual reflection and cultural events, leading to the closure of the Mongolian Stock Exchange and banking institutions. Economic activity typically slows down as the workforce takes time off for religious observances. International investors dealing with Mongolian securities should expect no market activity on this day.
The holiday is observed annually on the 15th day of the first summer month according to the Mongolian lunar calendar.
No historical data available