BoM holds FX auction

Daily Finance
Amarsaikhan.B
en_amarsaikhan@montsame.mn
2016-03-17 17:54:15

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thursday, the Bank of Mongolia (BOM) received bid offers of USD 5.6 million and of CNY in a rate between MNT 312.70-314.97. The BOM sold CNY 39.6 million in a closing rate of MNT 314.35.

The Bank has received MNT Swap agreement bid offers equivalent to USD 13.6 million and USD swap agreement ask offers equivalent to USD 20.0 million from local commercial banks respectively. The BOM accepted the MNT swap agreement bid offers of USD 13.6 million and did not accept the USD swap agreement ask offers of USD 20.0 million.

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