BoM holds FX auction

2016/09/29

Spot trade: Commercial banks bid MNT 2267.20-2278.10 for USD47.25 million and MNT 338.39-340.76 for CNY86.8 million respectively. 

The BoM sold USD 13.8 million in a single price of MNT 2276.00 and CNY8.0 million in a closing rate of MNT 340.63 respectively.

Swap and forward trade: The BoM accepted the bid offers of USD 7.0 million of MNT swap agreement, the BoM accepted the bid offers.

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