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 and CNY. The BOM sold USD 10.2 million in a closing rate of MNT 2049.11 and CNY 21.0 million in a closing rate of MNT 315.20.
The BOM received MNT Swap agreement bid offers equivalent to USD 3.5 million and USD swap agreement ask offers equivalent to USD 20.0 million from local commercial banks respectively. The BOM accepted the MNT swap agreement bid offers of USD 3.5 million and did not accept the USD swap agreement ask offers of USD 20.0 million.
