BoM holds FX auction

2016-01-05 17:20 GMT+8

On the Foreign Exchange Auction held on January 5th, 2016 the BOM has received buying bid offers of USD 21.2 million, selling bid offers of CNY 16.0 million in a rate between MNT 305.05-305.88 from local commercial banks respectively. The BOM has sold USD 16.3 million in a rate with MNT 1997.27.

On January 5th, 2016, the BOM has received MNT Swap agreement buying bid offers equivalent to USD 19.0 million and USD Swap agreement selling bid offers equivalent to USD 25.0 million from local commercial banks respectively and the BOM has accepted the offers.

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