BoM holds FX auction

2016/09/07

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1. Spot trade: Commercial banks bid MNT 2195.00-2218.00 for USD12.3 million, asked MNT 2213.00 for USD 12.0 million and also bid MNT 329.00-332.15 for CNY 59.0 million respectively. The BOM sold CNY 5.0 million with a closing rate of MNT332.00.

 2. Swap and forward trade: The BOM accepted the bid offers of  USD75.2 million swap agreements.

Source: Mongolbank

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