BM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the foreign exchange auction held Thursday, the Bank of Mongolia (BoM) received offers of USD34.3 million in a rate between MNT 2,218.22-2,228.10 and CNY76.5 million in a rate between MNT 331.18-334.25 from commercial banks. The BoM received bid offers of USD 8.0 million in a rate of MNT 2,226.10 and CNY19.0 million in a rate of MNT334.00.
The same day, the BoM received MNT Swap agreement bid offer equivalent to USD 36.4 million and BoM accepted the offer.