BoM holds FX auction

Daily Finance
oyundelger@montsame.mn
2017-03-14 16:29:18

Ulaanbaatar /MONTSAME/ Spot trade: Commercial banks bid weighted average rate of MNT 2458.10 for USD 1.3 million, asked weighted average rate of MNT 2458.62 for USD 5.4 million and bid weighted average rate of MNT 353.08 for CNY 39.0 million respectively. The Bank of Mongolia did not accept the bid offers.

Swap and forward trade: The BoM received buying bid offers of USD 1.5 million of MNT swap agreements from commercial banks and the BoM not accept the bid offers.