Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia held a FX auction on Thursday. Spot trade: Commercial banks bid MNT 2272.00-2290.00 for USD31.61 million and MNT 340.64-342.50 for CNY56.0 million respectively. The BoM sold USD 14.4 million in a single rate of MNT 2286.21.
Swap and forward trade: The BoM received bid offers of USD5.5 million of MNT swap agreements from commercial banks and accepted bid offers of USD2.0 million.
