BoM holds FX auction

GoGo.mn

2016-01-07 17:00 GMT+8

On the Foreign Exchange Auction held on January 7th, 2015 the BOM has received buying bid offers of USD 23.2 million, buying bid offers of CNY 3.5 million in a rate between MNT 304.0-304.25 and selling bid offers of CNY 0.5 million in a rate with MNT 306.0 from local commercial banks respectively. The BOM has sold USD 10.7 million in a closing rate of MNT 1998.49.

On January 7st, 2015, the BOM has received MNT Swap agreement buying bid offers equivalent to USD 77.34 million and USD Swap agreement selling bid offers equivalent to USD 3.0 million from local commercial banks respectively and the BOM has accepted the offers.

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