BoM holds FX auction

2016-01-12 15:57 GMT+8

On the Foreign Exchange Auction held on January 12th, 2016 the BOM has received bid offers of USD 28.4 million between the rates of MNT 1996.50-1999.21 and CNY 2.0 million in a rate of MNT 302.50. BOM has accepted the offers and sold USD 11.0 million in a rate with MNT 1998.81.

On January 12th, 2016, The BOM has received MNT swap agreement bid offers equivalent to USD 9.0 million, USD swap agreement selling bid offers equivalent to USD 20.0 million and CNY swap agreement extending bid offers of 20.0 million from local commercial banks respectively and the BOM accepted the offers.

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