Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Tuesday. Spot trade: Commercial banks bid for USD and CNY. The BOM sold USD26.0 million at the closing rate of MNT2243.81 and CNY93.2 million at the rate of MNT332.35-339.50.
Swap and forward trade: Commercial banks bid for USD17.0 million of MNT swap agreement and asked for USD1.4 million of USD swap agreement. The BOM accepted the offers.
