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 34.0 million in a rate between MNT 2,022.80-2,024.00, buying bid offers of USD 0.3 million in a rate with MNT 2,023.50 and buying bid offers of CNY 2.0 million in a rate with MNT 311.36, respectively. The BoM did not accept any bid offers.
The same day, the BoM received MNT Swap agreement buying bid offers equivalent to USD 52.5 million, USD swap agreement selling bid offers equivalent to USD 20.0 million from local commercial banks respectively and the BoM accepted the MNT swap agreement buying bid offers of USD 52.5 million.
