On the Foreign Exchange Auction held on August 25th, 2015 the BOM has received bid offers of USD 12.6 million in a rate between MNT 1984.55-1989.10 and CNY 38.7 million in a rate between MNT 306.70-309.10 from local commercial banks. The BOM sold USD 8.6 million in a closing rate of MNT 1987.00 and CNY 24.2 million in a closing rate of MNT 308.00 respectively.
On August 25th, 2015, The BOM has received MNT Swap agreement bid offer equivalent to USD 59.1 million and USD Swap agreement selling bid offer equivalent to USD 5.0 million from local commercial banks and the BOM has accepted the offers.
Source: Bank of Mongolia
On the Foreign Exchange Auction held on August 25th, 2015 the BOM has received bid offers of USD 12.6 million in a rate between MNT 1984.55-1989.10 and CNY 38.7 million in a rate between MNT 306.70-309.10 from local commercial banks. The BOM sold USD 8.6 million in a closing rate of MNT 1987.00 and CNY 24.2 million in a closing rate of MNT 308.00 respectively.
On August 25th, 2015, The BOM has received MNT Swap agreement bid offer equivalent to USD 59.1 million and USD Swap agreement selling bid offer equivalent to USD 5.0 million from local commercial banks and the BOM has accepted the offers.
Source: Bank of Mongolia