BoM holds FX auction

Daily Finance
Amarsaikhan.B
en_amarsaikhan@montsame.mn
2015-10-29 19:26:11

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thursday, the Bank of Mongolia (BoM) received bid offers of USD 5.0 million in a rate between MNT 1989.55-1992.50 and CNY 9.1 million in a rate between MNT 312.30-312.75 and received selling bid offers of CNY 12.0 million in a rate between MNT 312.98-131.00 from local commercial banks. The BoM did not accept the offers.

The BoM received USD Swap agreement selling bid offer equivalent to USD 25.0 million and MNT Swap agreement buying bid offer equivalent to USD 14.3 million and bid offers of CNY 30.0 million Swap agreement from local commercial banks and accepted the offers.

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