BoM holds FX auction


Spot trade: Commercial banks bid MNT 2240.75-2250.20 for USD22.0 million and MNT 335.00-336.80 for CNY 52.8 million respectively.

The BOM sold CNY 7.0 million with a closing rate of MNT336.60.

Swap and forward trade: The BOM accepted the bid offers of  USD40.4 million swap agreements.

Source: Mongolbank

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