BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Tuesday. Spot trade: Commercial banks bid MNT 2265.00-2276.51 for USD17.7 million and MNT 337.00-339.25 for CNY26.6 million respectively. The BoM did not accept any bid offers.
Swap and forward trade: The BoM received bid offers of USD11.5 million of MNT swap agreements from commercial banks and the BoM did not accept any bid offers.