BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Thursday. Spot trade: Commercial banks bid MNT 2240.75-2250.20 for USD22.0 million and MNT 335.00-336.80 for CNY 52.8 million respectively. The BOM sold CNY 7.0 million with a closing rate of MNT336.60.
Swap and forward trade: The BOM accepted the bid offers of USD40.4 million swap agreements.