Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the Foreign Exchange Auction held on December 15, the Bank of Mongolia (BoM) received bid offers of USD 6.9 million in a rate between MNT 1993.00-1998.11, bid offers of CNY 4.5 million in a rate between MNT 308.0-308.20, selling bid offers of CNY 20.0 million in a rate between MNT 308.91-309.0 from local commercial banks respectively. The BOM has accepted any offers.
The BoM received MNT Swap agreement buying bid offers equivalent to USD 12.45 million, USD Swap agreement selling bid offers equivalent to USD 10.0 million, CNY Swap agreement buying bid offers equivalent to CNY 20.0 million from local commercial banks respectively and accepted the offers.
