BM holds FX auction

Daily Finance
en_khuder@montsame.mn
2015-09-10 11:56:51

Ulaanbaatar /MONTSAME/ On the foreign exchange auction held Tuesday, the Bank of Mongolia (BoM) received bid offers of USD 52.1 million in a rate between MNT 1,988.10-1,994.20 and CNY 103.31 million in a rate between MNT 309.00-310.95 from local commercial banks.

The BoM sold USD 35.0 million in a closing rate of MNT 1,992.29 and CNY 50.71 million in a closing rate of MNT 310.16, respectively.

The same day, the BoM received MNT Swap agreement bid offer equivalent to USD 58.0 million and 30.0 million CNY Swap agreement extending offer from local commercial banks and the BoM accepted the offers.

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