BoM holds FX auction

Daily Finance
en_amarsaikhan@montsame.mn
2016-10-26 10:56:34

Ulaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Tuesday. Spot trade: Commercial banks bid MNT 2338.00-2352.61 for USD53.1 million and MNT 343.55-346.55 for CNY77.5 million respectively. The BoM did not accept any bid offers.

Swap and forward trade: The BoM received bid offers of USD42.0 million of MNT swap agreements from commercial banks and the BoM did not accept any bid offers.