Ulaanbaatar
BM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the foreign exchange auction held Thursday, the Bank of Mongolia (BoM) received offers of buying USD 4.0 million in a rate between MNT 1,993.00-2,000.00, CNY 7.0 million in a rate between MNT 304.00-305.15. The BoM did not accept the offers.
The same day, the BoM received MNT Swap agreement offers equivalent to USD 75.5 and USD swap agreement selling bid offers equivalent to USD 5.0 million from local commercial banks and the BoM accepted all of the offers.
