BoM holds FX auction

Daily Finance
en_amarsaikhan@montsame.mn
2016-02-02 18:01:09

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BOM) received bid offers of USD 64.85 million in a rate between MNT 2009.00-2015.05 and bid offers of CNY 26.5 million in a rate between MNT 304.36-305.00 respectively. The BOM sold USD 20.0 million in a closing rate of MNT 2014.35 and CNY 5.5 million in a closing rate of MNT 304.8.

The bank has received MNT Swap agreement bid offers equivalent to USD 5.45 million and USD swap agreement ask offers of USD 30.0 million from local commercial banks and accepted the MNT swap agreement bid offers of USD 5.45 million.