Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held Tuesday a FX auction. Spot trade: On the Foreign Exchange Auction held on August 30th, 2016 the BOM has received bid offers of USD2.7 million in a rate between MNT2212.00-2234.00 and asked USD12.8 million in a rate between MNT2230.00-2237.00 and bid offers of CNY1.7 million in a rate of MNT330.00 from local commercial banks. The BOM has received bid offers of USD12.0 million in a rate of MNT2230.00.
Swap and forward trade: The BOM accepted the bid offer of USD 68.4 million of MNT swap agreement.
