BOM HOLDS FX AUCTION

Ulaanbaatar /MONTSAME/On the Foreign Exchange Auction held on November 18, the Bank of Mongolia (BoM) received bid offer of USD 14.0 million and CNY 70.4 million from local commercial banks and did not accept any offer. The BoM received USD SWAP agreement ask offer of USD 100.0 million and MNT Swap agreement bid offer in equivalent to USD 1.1 million from local commercial banks and accepted all offer.