BoM holds FX auction

Daily Finance
Amarsaikhan.B
en_amarsaikhan@montsame.mn
2016-03-29 17:25:06

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BOM) received bid offers of USD and CNY.  The BOM sold USD 2.3 million in a closing rate of MNT 2050.20 and CNY 21.0 million in a closing rate of MNT 314.20.

The BOM also received USD Swap agreement bid offer equivalent to USD 81.2 million and ask offer equivalent to USD 20.0 from local commercial banks and accepted the bid offer of USD 81.2 million. The bank did not accept the USD 20.0 million ask offer. 

 

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