BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thursday, the Bank of Mongolia (BOM) received bid offers of USD 45.7 million in a rate between MNT 2006.50-2009.91 and bid offers of CNY 23.7 million in a rate between MNT 304.20-305.20 respectively. The BOM sold USD 19.0 million in a closing rate of MNT 2009.05 and CNY 8.0 million in a closing rate of MNT 305.0.
The BOM has received MNT Swap agreement bid offers equivalent to USD 0.74 million and USD swap agreement ask offers of USD 15.0 million from local commercial banks and accepted the MNT swap agreement bid offers of USD 0.74 million.