Bank of Mongolia - Currency Auction - News.MN

Bank of Mongolia – Currency Auction

Old News! Published on: 2015.07.17

Bank of Mongolia – Currency Auction

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The commercial banks requested to buy USD and CHY (Calamos Convertible & High Income Funds) during the Bank of Mongolia currency auction which took place on 16th July. Therefore, the Bank of Mongolia supplied USD 26.5 million for MNT 1983.6 (closing price); and CHY 30 million for MNT 319.16 (closing price). Also, at the auction, the commercial banks requested a currency swap agreement to buy USD 80.5 million, to sell USD 6.7 million. The Bank of Mongolia accepted these requests and undertook the necessary steps.


 

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