BoM holds FX auction

Daily Finance
en_amarsaikhan@montsame.mn
2016-12-08 17:41:48

Ulaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Thursday. Spot trade: Commercial banks bid weighted average rate of MNT2478.13 for USD46.00 million and weighted average rate of MNT 358.57 for CNY62.0 million respectively. The BoM sold USD24.05 million with a closing rate of MNT 2478.00.

Swap and forward trade: The BoM din not receive any bid offers of swap agreements from commercial banks.