BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on July 28. For spot trade: Commercial banks bid for USD and CNY. The BOM sold USD28.2 million at the closing rate of MNT2071.50 and CNY37.5 million at the closing rate of MNT311.50.
For Swap and forward trade: The BOM accepted the bid offers of USD 64.5 million.