BM holds FX auction

Daily Finance
B.khuder.
en_khuder@montsame.mn
2016-08-23 18:57:17

Ulaanbaatar /MONTSAME/ Commercial banks bid MNT 2,239.00-2,245.00 for USD4.6 million, asked MNT 2,264 for USD0.5 million and bid MNT333.00-337.50 for CNY 16.3 million, asked MNT339.20-339.40 for CNY1.8 million, respectively. The BoM sold CNY5.8 million at the closing rate of MNT 337.00.

Swap and forward trade: The BoM accepted offers of USD 26.5 million of MNT swap agreement, asked USD 8.4 million of MNT swap agreement from commercial banks. The BoM accepted offers of buying USD 26.5 million and selling USD 1.4 million swap agreements.

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