BoM holds FX auction

Daily Finance
en_amarsaikhan@montsame.mn
2016-08-18 17:31:08

Ulaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Thursday. Spot trade: Commercial banks bid for USD60 million and CNY67.1 million.The BOM sold USD60.0 million at the closing rate of MNT 2265.81 and CNY67.1million at the rate of MNT 399.0.    

Swap and forward trade:  Commercial banks bid for USD49.0 million of MNT swap agreement. The BOM accepted the offers.