Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Tuesday. Spot trade: On the Foreign Exchange Auction held on October 18th, 2016, the BOM has received bid offers of USD50.1 million in a rate between MNT2308.00-2328.10 and CNY81.8 million in a rate between MNT342.50-344.89 from local commercial banks.
The BOM has received bid offers of USD12.4 million in a rate of MNT2325.91 and CNY81.8 million in a rate of MNT342.50.Swap and forward trade: The BOM has received MNT Swap agreement bid offer equivalent to USD18.0 million and BOM did not accept any bid offers.
