BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Thursday. Spot trade: Commercial banks bid USD and CNY and the BOM sold USD 16.0 million with a single rate of MNT2103.00 and CNY62.7 million with a rate of MNT 315.55-318.11.
Swap and forward trade: The BOM accepted the bid offers of USD49.0 million and selling bid offers of USD6.5 million swap agreements respectively. The BOM sold