BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia held a FX auction on Tuesday. Spot trade: Commercial banks bid MNT 2282.50-2293.10 for USD4.7 million and MNT 342.05-342.55 for CNY4.0 million respectively. The BoM did not accept any bid offers.
Swap and forward trade: The BoM received bid offers of USD8.0 million of MNT swap agreements from commercial banks and the BoM did not accept any bid offers.