Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Tuesday. Spot trade: Commercial banks bid MNT 2228.56-2241.21 for USD17.9 million and MNT 333.17-335.06 for CNY 43.5 million respectively. The BOM did not receive any bid offers.
Swap and forward trade: The BOM received the bid offers of USD112.0 million via MNT swap agreement. The BoM sold USD 77.0 million via MNT swap agreement.
