BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Tuesday. Spot trade: Commercial banks bid MNT 2421.00-2460.01 for USD20.0 million and MNT 352.20-359.30 for CNY56.5 million respectively. The BoM accepted the bid offers of USD with a closing rate of MNT 2421.00 and bid offers of CNY with a closing rate of MNT 352.20.
Swap and forward trade: The BoM did not receive any bid offers of swap and forward trade.