BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held Tuesday a FX auction. Commercial banks bid for USD and CNY. The BOM sold USD22.7 million at the rate of MNT2006.00 and CNY28.8 million at the rate of MNT302.30-303.20.
As for Swap and forward trade, commercial banks bid for USD142.5 million of MNT swap agreement and asked for USD1.0 million of USD swap agreement. The BOM accepted the offers.