Ulaanbaatar
BM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the foreign exchange auction held Tuesday, the Bank of Mongolia (BoM) received selling bid offers of USD 33.0 million in a rate between MNT 2,045.00-2,047.17, buying bid offers of CNY 2.7 million in a rate between MNT 314.55-314.65 and selling bid offers of CNY 4.3 million in a rate between MNT 315.97-315.99 respectively. The BoM did not accept any bid offers.
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 of USD 20.0 million from local commercial banks and the BoM accepted the MNT swap agreement buying bid offers of USD 3.5 million.
