Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Tuesday. Commercial banks bid for USD and CNY. The BOM sold USD8 million at the rate of MNT1963.10 and CNY20million at the rate of MNT293.51-296.00.
Commercial banks bid for USD80.0 million of MNT swap agreement and asked for USD11 million of USD swap agreement. The BOM accepted the offers for the amount of 80 million and USD1.5 million respectively.
