Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Wednesday, the Bank of Mongolia (BoM) received bid offers of USD 20.2 million in a rate between MNT 1995.00-1998.20, 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 1997.50.
The BOM has 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 accepted the offers.
