Bank of Mongolia launches USD auction - News.MN

Bank of Mongolia launches USD auction

Old News! Published on: 2018.06.22

Bank of Mongolia launches USD auction

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Earlier today, the Central Bank of Mongolia launched a foreign exchange in line with the government’s monetary policy for 2018 objective. The Central Bank has received a bid offer of USD 130.7 million at a rate averaging MNT 2454.87 from the commercial banks. However, the bank sold a total of USD 88.7 million at MNT 2451.00.

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