BoM holds FX auction

Daily Finance
en_amarsaikhan@montsame.mn
2015-09-24 18:13:11

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thursday, the Bank of Mongolia (BoM) received bid offers of USD 24.0 million in a rate between MNT 1999.20-1999.10 and bid offers of CNY 36.5 million in a rate between MNT 310.06-311.61 from local commercial banks. The BoM sold USD 11.2 million in a closing rate of MNT 1996.00 and CNY 10.50 million in a closing rate of MNT 310.66 respectively.

The BoM received MNT Swap agreement bid offer equivalent to USD 70.0 million and USD Swap agreement selling bid offer equivalent to USD 20.0 million from local commercial banks and accepted the offers.