BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BoM) received bid offers of USD 30.3 million in a rate between MNT 1992.50-1996.10, bid offers of CNY 23.8 million in a rate between MNT 310.50-311.50 from local commercial banks respectively. The BOM sold USD 8.0 million in a rate of MNT 1995.61.
The BOM received MNT Swap agreement buying bid offer equivalent to USD 16.45 million from local commercial banks and accepted the offers.