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 13.2 million in a rate between MNT 1990.05-1993.00, bid offers of CNY 34.8 million in a rate between MNT 311.89-312.56 and selling bid offers of CNY 20.0 million in a rate between 313.60-313.64 from local commercial banks respectively. The BoM sold USD 3.4 million in a rate of MNT 1992.51.
The BoM received MNT Swap agreement buying bid offer equivalent to USD 58.45 million and USD Swap agreement buying selling offer equivalent to USD 10.0 million from local commercial banks and accepted the offers.
