BoM holds FX auction

2016/05/13

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On the Foreign Exchange Auction held on May 12th, 2016, the BOM has received selling bid offers of USD 24.8 million in a rate between MNT 2016.11-2017.93, buying bid offers of USD 0.95 million in a rate between MNT 2005.00-2011.29, selling bid offers of CNY 2.8 million in a rate with MNT309.80 and buying bid offers of CNY8.0 million in a rate between MNT307.00-308.20. The BOM did not accept any bid offers.

On May 12th, 2016, the BOM has received MNT Swap agreement buying bid offers equivalent to USD 49.5 million and USD swap agreement selling bid offers equivalent to USD 21.5 million from local commercial banks respectively and the BOM accepted all of the bid offers.

 

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