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 2450.00-2474.11 for USD40.9 million and MNT 352.00-357.21 for CNY57.0 million respectively. The BoM sold USD24.2 million with a single rate of MNT 2465.30 and CNY9.0 million with a single rate of MNT357.11.
Swap and forward trade: The BoM din not receive any bid offers of swap agreements from commercial banks.
