Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thursday, the Bank of Mongolia (BoM) received bid offers of USD 5.6 million in a rate between MNT 1990.00-1992.11 and CNY 59.0 million in a rate between MNT 311.85-313.06 from local commercial banks. The BoM sold CNY 36.0 million in a closing rate of MNT 313.00.
The BoM received USD Swap agreement selling bid offer equivalent to USD 20.0 million and MNT Swap agreement bid offer equivalent to USD 8.3 million from local commercial banks and accepted the offers.
