BoM holds FX auction

Economy
Buyanjargal.
en_dotood@montsame.mn
2015-08-21 16:49:50

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thursday, the Bank of Mongolia (BoM) received bid offers of USD 16.2 million in a rate between MNT 1989.11-1993.30 and CNY 54.7 million in a rate between MNT 308.52-310.51 from local commercial banks. The BOM received the bid offers and sold USD 16.2 million in a rate with MNT 1989.11, CNY 54.7 million in a rate with MNT 308.52 respectively. 

The central bank has received MNT Swap agreement bid offer equivalent to USD 89.5 million and USD Swap agreement selling bid offer equivalent to USD 8.0 million from local commercial banks and accepted the offers.

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