BoM holds FX auction

Daily Finance
Oyundelger.B
oyundelger@montsame.mn
2017-03-03 12:20:54

Ulaanbaatar /MONTSAME/ Spot trade: Commercial banks bid weighted average rate of MNT 2470.66 for 23.0 million and asked weighted average rate of MNT 353.25 for CNY21.0 million respectively. The BoM received selling bid offers of USD 12.0 million with closing rate of MNT 2470.00.

Swap and forward trade: The BoM received buying bid offers of USD 1.0  million of MNT swap agreements from commercial banks and the BoM did not accept the bid offers.

Source: Bank of Mongolia 

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