BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on August 9. Spot trade: Commercial banks bid USD40.0 million and the BOM sold USD20.0 million with a single rate of MNT2138.2 and CNY20.0 million with a rate of MNT321.09.
Swap and forward trade: The BOM accepted the bid offers of USD34.5 million and selling bid offers of USD5.0 million swap agreements respectively. The BOM sold USD34.5 million via MNT swap agreement.