BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Tuesday. Spot trade: Commercial banks bid MNT 2400.00-2430.10 for USD62.2 million and MNT 351.10-358.15 for CNY101.4 million respectively. The BoM did not accept any bid offers.
Swap and forward trade: The BoM received bid offers of USD34.0 million of MNT swap agreements from commercial banks and the BoM did not accept any bid offers.