BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thurdsday, the Bank of Mongolia (BoM) received bid offers of USD 11.6 million in a rate between MNT 1990.10-1995.01 and bid offers of CNY 64.8 million in a rate between MNT 311.99-313.25 from local commercial banks. The BoM sold USD 4.7 million in a closing rate of MNT 1992.56 and CNY 36.8 million in a closing rate of MNT 312.70 respectively.
The bank received MNT Swap agreement bid offer equivalent to USD 56.25 million and USD Swap agreement selling bid offer equivalent to USD 15.0 million from local commercial banks and accepted the offers.