Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Thursday. Spot trade: Commercial banks bid MNT 2370.00-2444.15 for USD47.8 million, asked MNT 2448.00 for USD1.0 million and bid MNT 343.50-354.51 for CNY70.0 million respectively. The BoM sold USD32.0 million with a closing rate of MNT 2425.00.
Swap and forward trade: The BoM did not receive any bid offers of swap and forward trade.
