BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia held a FX auction on Thursday. Spot trade: Commercial banks bid MNT 2450.00-2471.51 for USD31.45 million,MNT 352.00-358.00 for CNY40.0 million and asked MNT 358.22-358.42 for CNY10.0 million respectively. The BoM sold USD12.75 million with a single rate of MNT 2469.50.
Swap and forward trade: The BoM din not receive any bid offers of swap agreements from commercial banks.