Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Thursday. Spot trade: Commercial banks bid weighted average rate of MNT2493.25 for USD47.5 million and weighted average rate of MNT358.55 for CNY47.3 million respectively. The BoM accepted bid offers of USD with a single rate of MNT 2488.00 and bid offers of CNY with a single rate of MNT352.52.
Swap and forward trade: The BoM received selling bid offers of USD10.0 million of USD swap agreements from commercial banks and the BoM accepted the bid offers.
