Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia held Tuesday a FX auction. Spot trade: Commercial banks bid MNT 2241.00-2252.00 for USD27.7 million, asked MNT 2253.00 for USD 0.2 million and also bid MNT 335.86-337.80 for CNY36.0 million respectively. The BoM did not accept any bid offers.
Swap and forward trade: The BoM accepted the bid offers of USD 8.5 million of MNT swap agreement, asked USD 11.4 million of USD swap agreement from commercial banks respectively. The BoM accepted the buying bid offers of USD 8.5 million and selling bid offers of USD 1.4 million.
