BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thursday, the Bank of Mongolia (BoM) received bid offers of USD 3.95 million in a rate between MNT 1990.20-1995.71 and bid offers of CNY 64.6 million in a rate between MNT 311.16-313.05 from local commercial banks. The BoM accepted the offers and sold USD 3.95 million in a closing rate of MNT 1990.20 and CNY 46.0 million in a closing rate of MNT 312.15 respectively.
The BoM received MNT Swap agreement bid offer equivalent to USD 62.5 million from local commercial banks and accepted the offers.