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 12.9 million in a rate between MNT 2043.33-2046.92, ask offers of USD 7.0 million in a rate between MNT 2045.00-2046.00 and bid offers of CNY40.5 million in a rate between MNT 313.90-314.82. The BOM sold USD 6.0 million in a consistency rate of MNT 2046.52 and CNY 18.5 million in a closing rate of MNT 314.57.
The Bank received MNT Swap agreement bid offers equivalent to USD 8.0 million and USD swap agreement ask offers equivalent to USD 15.0 million from local commercial banks respectively. The BOM accepted the MNT swap agreement bid offers of USD 8.0 million and did not accept the USD swap agreement ask offers of USD 15.0 million.
