BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on September 6. Spot trade: Commercial banks bid MNT 2195.00-2218.00 for USD12.3 million, asked MNT 2213.00 for USD 12.0 million and also bid MNT 329.00-332.15 for CNY 59.0 million respectively. The BOM sold CNY 5.0 million with a closing rate of MNT332.00.
Swap and forward trade: The BOM accepted the bid offers of USD75.2 million swap agreements.