BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Thursday. Spot trade: Commercial banks bid MNT 2425.00-2481.55 for USD71.2 million and MNT 356.50-362.61 for CNY123.0 million respectively. The BoM did not accept any bid offers.
Swap and forward trade: The BoM received bid offers of USD4.0 million of MNT swap agreements from commercial banks and the BoM did not accept any bid offers.