BoM holds FX auction

Daily Finance
en_amarsaikhan@montsame.mn
2016-06-30 18:42:04

Ulaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Thursday. Commercial banks bid MNT and CNY and the BOM accepted bid offers of USD 36.0 million and CNY 47.5 million.   

As for swap and forward trade, the BOM received the bid offers of USD 70.0 million of MNT swap agreement, asked USD 10.0 million of USD swap agreement from commercial banks. The BOM accepted the bid offers of buying USD 70.0 million.