BoM holds FX auction

Daily Finance
Amarsaikhan.B
en_amarsaikhan@montsame.mn
2016-11-01 18:26:01

Ulaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Tuesday. Spot trade: Commercial banks bid MNT 2380.00-2402.10 for USD46.0 million and MNT 348.00-353.91 for CNY103.0 million respectively. The BoM accepted the bid offers of USD with a single rate of MNT 2380.00 and bid offers of CNY with a closing rate of MNT 348.00.

Swap and forward trade: The BoM received bid offers of USD44.0 million of MNT swap agreements from commercial banks and the BoM did not accept any bid offers.

 

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