BOM HOLDS FX AUCTION

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thursday, the Bank of Mongolia (BoM) received bid offers of USD 48.4 million and CNY 118.9. The BoM accepted the offers and sold USD 48.4 million in a rate with MNT 1979.00, CNY 118.9 million in a rate with MNT 318.83. The Bank received MNT Swap agreement bid offer equivalent to USD 81.6 million from local commercial banks and accepted the offers.