Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Tuesday. Spot trade: Commercial banks bid weighted average rate of MNT2486.13 for USD41.7 million and weighted average rate of MNT358.10 for CNY59.0 million respectively. The BoM sold USD18.0 million with a single rate of MNT 2487.91.
Swap and forward trade: The BoM received bid offers of USD1.0 million of MNT swap agreements from commercial banks and the BoM did not accept any bid offers.
