BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Thursday. Spot trade: Commercial banks bid USD42.0 million and the BOM sold USD30.0 million with a single rate of MNT2161.2 and CNY11.0 million with a rate of MNT326.41.
Swap and forward trade: The BOM accepted the bid offers of USD47.7 million and selling bid offers of USD5.0 million swap agreements respectively. The BOM sold USD47.7 million via MNT swap agreement.