Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BoM) received bid offers of USD 6.95 million in a rate between MNT 1989.20-1992.75 and CNY 4.0 million in a rate between MNT 314.01-314.11 from local commercial banks. The BoM sold USD 5.8 million in a closing rate of MNT 1992.00 and CNY 21.5 million in a closing rate of MNT 312.80.
The BoM also received USD Swap agreement selling bid offer equivalent to USD 15.0 million and MNT Swap agreement bid offer equivalent to USD 8.028 million, MNT Swap agreement bid offer equivalent to USD 12.3 million and 30.0 million CNY Swap agreement bid offers from local commercial banks and accepted the offers.
