Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Thursday. Spot trade: Commercial banks bid MNT 2270.00 for USD0.2 million, asked MNT 2279.00-2281.50 for USD7.8 million and MNT 338.00-339.00 for CNY2.0 million respectively. The BoM bought USD7.8 million with closing rate of MNT 2281.50.
Swap and forward trade: The BoM received bid offers of USD9.0 million of MNT swap agreements from commercial banks and the BoM did not accept any bid offers.
