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 2356.00-2372.30 for USD52.1 million and MNT 344.53-348.61 for CNY83.5 million respectively. The BoM sold CNY83.5 million with closing rate of MNT 344.53.
Swap and forward trade: The BoM received bid offers of USD16.0 million of MNT swap agreements from commercial banks and the BoM did not accept any bid offers.
