BoM holds FX auction

Daily Finance
en_amarsaikhan@montsame.mn
2016-03-24 17:09:49

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thursday, the Bank of Mongolia (BOM) received bid offers of USD and CNY.  The BOM sold USD 7.2 million in a closing rate of MNT 2050.05 and CNY 12.0 million in a closing rate of MNT 314.55.

The BOM also received USD Swap agreement bid offer equivalent to USD 9.9 million from local commercial banks and accepted the offer.