BoM holds FX auction


Spot trade: Commercial banks bid MNT 2385.00-2404.91 for USD56.5 million and MNT 348.10-355.99 for CNY87.9 million respectively.

The BoM sold CNY87.9 million in a closing rate of MNT 348.10.

Swap and forward trade: The BoM received buying bid offers of USD2.0 million of MNT swap agreements and selling bid offers of USD swap agreements from commercial banks and the BoM did not accept any bid offers.

Source: Mongolbank

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