Улаанбаатар
BoM holds FX auction
Daily FinanceUlaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held a FX auction on Thursday. Spot trade: Commercial banks bid MNT 2328.00-2340.30 for USD24.3 million and MNT 342.50-346.51 for CNY63.0 million respectively. The BoM bought CNY 40.0 million with closing rate of MNT 345.06.
Swap and forward trade: The BoM received bid offers of USD17.1 million of MNT swap agreements from commercial banks and the BoM did not accept any bid offers.
