BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BoM) received ask offers of USD 15.8 million in a rate between MNT 1992.00-1998.00 and ask offers of CNY 2.0 million in a rate with MNT 307.75 respectively. The BOM did not accept any bid offers.
The BOM received MNT Swap agreement bid offers equivalent to USD 8.3 million and USD swap agreement selling bid offers equivalent to USD 20.0 million from local commercial banks and accepted the MNT swap agreement bid offers of USD 8.3 million.