Khan bank and Golomt bank selected as dealers of interbank FX platform
The Bank of Mongolia (BoM) has selected the Khan Bank and the Golomt Bank again as basic dealers of the Interbank Currency Exchange Platform for the fourth quarter of this year.
Khan bank and Golomt bank selected as dealers of interbank FX platform. The Bank of Mongolia (BoM) has selected the Khan Bank and the Golomt Bank again as basic dealers of the Interbank Currency Exchange Platform for the fourth quarter of this year. Basic dealer-banks are responsible for conducting foreign exchange deal actively at the platform and have the advantage to use the name of the basic dealer and participate in foreign exchange auction with more bids. The BoM launched interbank exchange platform past April and it activated interbank dollar exchange trade by 2.2 times, compared to the same period of last year.
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