Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia announced FX auction on Tuesday. Commercial banks bid MNT1955.00-1970.00 for USD2.9 million, asked MNT 1967.18-1969.18 for USD 3.0 million and bid MNT299.20 for CNY0.7 million respectively. The BOM did not accept any offer.
As for swap and forward trade, the BOM accepted the bid offers of USD 146.5 million of MNT swap agreement and bid offers of USD5.0 million of USD swap agreement from commercial banks. The BOM accepted all of the bid offers.
