BM holds FX auction

Daily Finance
B.khuder.
en_khuder@montsame.mn
2015-09-17 20:20:29

Ulaanbaatar /MONTSAME/ On the foreign exchange auction held Thursday, the Bank of Mongolia (BoM) received bid offers of USD 47.45 million in a rate between MNT 1,986.58-1,994.30 and CNY 58.8 million in a rate between MNT 310.06-311.00 from local commercial banks.

The BoM sold USD 14.2 million in a closing rate of MNT 1,991.91 and CNY 27.05 million in a closing rate of MNT 311.00, respectively.

The same day, the BoM received MNT Swap agreement bid offer equivalent to USD 76.5 million and USD Swap agreement selling bid offer equivalent to USD 18.0 million from local commercial banks and the BoM accepted the offers.

 

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