BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held FX auction on Thursday. Commercial banks bid MNT1931.50-1941.00 for USD 4.0 million and MNT 294.50 for 1.0 million, asked MNT 295.70 for USD 0.3 million respectively. The BOM did not accept any offers.
The BOM accepted the bid offers of USD 115.0 million of MNT swap agreement, asked USD 16.5 million of MNT swap agreement from commercial banks. The BOM accepted the bid offers of buying USD 115.0 million and selling USD 1.5 million swap agreements.