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Finance

Mongol Bank holds FX auction

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Mongol Bank holds FX auction

On the Foreign Exchange Auction held on November 17th, 2015 the BoM has received bid offers of USD 3.4 million in a rate between MNT 1990.05-1993.00, bid offers of CNY 34.8 million in a rate between MNT 311.89-312.56 and selling bid offers of CNY 20.0 million in a rate between 313.60-313.64 from local commercial banks respectively. The BoM sold USD 3.4 million in a rate of MNT 1992.51.

On October 17th, 2015, The BoM has received MNT Swap agreement buying bid offer equivalent to USD 58.45 million and USD Swap agreement buying selling offer equivalent to USD 10.0 million from local commercial banks and the BoM has accepted the offers.

On the Foreign Exchange Auction held on November 17th, 2015 the BoM has received bid offers of USD 3.4 million in a rate between MNT 1990.05-1993.00, bid offers of CNY 34.8 million in a rate between MNT 311.89-312.56 and selling bid offers of CNY 20.0 million in a rate between 313.60-313.64 from local commercial banks respectively. The BoM sold USD 3.4 million in a rate of MNT 1992.51.

On October 17th, 2015, The BoM has received MNT Swap agreement buying bid offer equivalent to USD 58.45 million and USD Swap agreement buying selling offer equivalent to USD 10.0 million from local commercial banks and the BoM has accepted the offers.

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Category
Finance
Published
2015-11-17


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