Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the Foreign Exchange Auction held on December 17, the Bank of Mongolia (BoM) received bid offers of USD 1.3 million in a rate between MNT 1994.20-1996.05 and bid offers of CNY 2.0 million in a rate between MNT 307.0-307.10. The BoM did not accept any offers.
The BoM received MNT Swap agreement bid offers equivalent to USD 8.19 million, USD Swap agreement ask offers equivalent to USD 23.0 million and CNY Swap agreement extension offers equivalent to CNY 20.0 million from local commercial banks and accepted the offers.
