Ulaanbaatar
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Tuesday. Spot trade: Commercial banks bid weighted average rate of MNT2491.51 for USD20.1 million and weighted average rate of MNT356.11 for CNY60.0 million respectively. The BoM accepted bid offers of USD with a single rate of MNT 2480.00 and bid offers of CNY with a single rate of MNT351.60.
Swap and forward trade: The BoM received selling bid offers of USD14.8 million of USD swap agreements from commercial banks and the BoM accepted the bid offers.
