BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ On the Foreign Exchange Auction held on Tuesday, the Bank of Mongolia (BoM) received bid offers of USD 6.2 million in a rate between MNT 1994.50-1998.12, bid offers of CNY 7.8 million in a rate between MNT 306.10-306.55 from local commercial banks respectively. The BoM did not accept any offers.
The Bank received MNT Swap agreement bid offers equivalent to USD 92.53 million, USD Swap agreement ask offers equivalent to USD 5.0 million, CNY Swap agreement extending bid offers from local commercial banks and accepted the offers.