Ulaanbaatar
BM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the foreign exchange auction held Tuesday, the Bank of Mongolia (BoM) received bid offers of USD 20.2 million in a rate between MNT 1,995.00-1,998.20, bid offers of CNY 18.0 million in a rate between MNT 310.10-311.68 from local commercial banks, respectively.
The BOM sold USD 9.4 million in a rate with MNT 1,997.50.
The same day, the BoM received MNT Swap agreement buying bid offer equivalent to USD 94.45 million, CNY Swap agreement buying bid offer equivalent to CNY 20.0 million from local commercial banks respectively and the BoM accepted the offers.
