Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BOM) received bid offers of USD 31.55 million in a rate between MNT 2030.00-2038.00 and CNY 38.0 million in a rate between MNT 310.00-310.85. The BOM sold USD 8.25 million in a consistency rate of MNT 2035.00 and CNY 17.5 million in a closing rate of MNT 310.59.
The Bank received MNT Swap agreement bid offers equivalent to USD 20.0 million and USD swap agreement ask offers equivalent to USD 20.0 million from local commercial banks. The BOM accepted the MNT swap agreement bid offers of USD 20.0 million and did not accept the USD swap agreement ask offers of USD 20.0 million.
