BoM holds FX auction

Daily Finance
en_amarsaikhan@montsame.mn
2016-01-07 18:03:08

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thursday, the Bank of Mongolia (BoM) received bid offers of USD 23.2 million, bid offers of CNY 3.5 million in a rate between MNT 304.0-304.25 and ask offers of CNY 0.5 million in a rate with MNT 306.0 from local commercial banks. The BOM sold USD 10.7 million in a closing rate of MNT 1998.49.

The Bank has received MNT Swap agreement bid offers equivalent to USD 77.34 million and USD Swap agreement ask offers equivalent to USD 3.0 million from local commercial banks and accepted the offers.