Ulaanbaatar
BM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the foreign exchange auction held Thursday, the Bank of Mongolia (BoM) received buying bid offers of US dollars and Chinese Yuan.
The BoM sold CNY 40.0 million in at a closing rate of MNT 311.85.
The same day, the BoM received MNT Swap agreement buying bid offers equivalent to USD 3.5 million and USD swap agreement selling bid offers equivalent to USD 31.0 million from local commercial banks respectively.
The BoM accepted the MNT swap agreement buying bid offers of USD 3.5 million and did not accept the USD swap agreement selling bid offers of USD 31.0 million.
