BoM holds FX auction

Daily Finance
Amarsaikhan.B
en_amarsaikhan@montsame.mn
2015-10-27 18:25:59

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the BoM received bid offers of USD 9.5 million in a rate between MNT 1987.00-1994.20 and CNY 52.8 million in a rate between MNT 312.10-313.11 from local commercial banks. The BoM sold USD 3.9 million in a closing rate of MNT 1991.00 and CNY 25.3 million in a closing rate of MNT 312.71.  

The BoM has received USD Swap agreement selling bid offer equivalent to USD 20.0 million and MNT Swap agreement bid offer equivalent to USD 7.9 million from local commercial banks and accepted the offers.

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