BoM holds FX auction
WeatherUlaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BoM) received bid offers of USD 18.3 million in a rate between MNT 1990.50-1993.01, buying bid offers of USD 0.6 million in a rate with MNT 1997.00 and CNY 22.6 million in a rate between MNT 312.01-312.95 from local commercial banks respectively. The BoM sold USD 8.2 million in a rate of MNT 1992.50.
The BoM received USD Swap agreement buying bid offer equivalent to USD 38.375 million from local commercial banks and accepted the offers.