In this paper the basic researches, telescopes and devices of the Khurel Togoot astronomical observatory, which was founded during the International Geophysical Year, are briefly described. Our astronomical observatory is located on Bogd Mountain near the capital city Ulaanbaatar. Almost 50 years of scientific work has been carried out there. In particular, astrometric researches, GPS, solar researches and observations of minor planets are conducted. Now these scientific researches basically are maintained and extended, with the introduction of modern technology. As an example of the data received by our solar telescope ‘Coronagraph’, some solar images will be shown. Recently we equipped this telescope with a CCD camera. Because of the transformation of the economy in Mongolia, there are at present difficulties with the preparation of young professional astronomers and with the purchase of new astronomical equipment.