BoM holds FX auction

Daily Finance
Amarsaikhan.B
en_amarsaikhan@montsame.mn
2015-11-03 18:25:56

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction Tuesday, the Bank of Mongolia (BoM) received bid offers of USD 26.1.0 million in a rate between MNT 1990.00-1993.60 and CNY 73.7 million in a rate between MNT 313.05-314.32 from local commercial banks. The BoM sold USD 11.0 million in a closing rate of MNT 1992.15 and CNY 38.5 million in a closing rate of MNT 314.00. 

The BoM received USD Swap agreement selling bid offer equivalent to USD 20.0 million and USD Swap agreement buying bid offer equivalent to USD 5.375 million from local commercial banks and accepted the offers.

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