BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BOM) received bid offers of USD 21.2 million, ask offers of CNY 16.0 million in a rate between MNT 305.05-305.88 from local commercial banks respectively. The BOM sold USD 16.3 million in a rate with MNT 1997.27.
The BOM also received MNT Swap agreement bid offers equivalent to USD 19.0 million and USD Swap agreement ask offers equivalent to USD 25.0 million from local commercial banks and accepted the offers.