Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Tuesday. Spot trade: Commercial banks bid MNT 2430.00-2460.00 for USD58.8 million and MNT 350.00-355.00 for CNY96.5 million respectively. The BoM sold USD27.0 million with a closing rate of MNT 2444.91 and CNY16.0 million with a closing rate of MNT354.51.
Swap and forward trade: The BoM received bid offers of USD2.0 million of MNT swap agreements from commercial banks and the BoM did not accept any bid offers.
