BoM holds FX auction

2016/09/12

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Spot trade: On the Foreign Exchange Auction held on September 8th, 2016, the BOM has received bid offers of USD34.3 million in a rate between MNT2218.22-2228.10 and CNY76.5 million in a rate between MNT331.18-334.25 from local commercial banks.

The BOM has received bid offers of USD8.0 million in a rate of MNT2226.10 and CNY19.0 million in a rate of MNT334.00.

 Swap and forward trade: The BOM has received MNT Swap agreement bid offer equivalent to USD36.4 million and BOM accepted the offer.

Source: Mongolbank

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