MNT Appreciates 0.17% W-o-w
MNT appreciated against the US$ 0.17% compared to that of the previous week and closed at 2,457.12 on March 17, 2017.
Spot trade: Commercial banks bid weighted average rate of MNT2452.17 for US$10.2 mn, asked weighted average rate of MNT2457.07 for US$14.1 mn and bid weighted average rate of MNT353.67 for CNY58.0 mn respectively. The BoM did not accept the bid offers.
Swap and forward trade: The BoM received buying bid offers of US$3.0 mn of MNT swap agreement from commercial banks and the BoM did not accept the bid offers.