Forex auction runs

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BoM) received from local commercial banks bid offers of USD 3.6 million at a closing rate of MNT 1441.44 and CNY 47 million at a closing rate of MNT 234.6. The BoM ask offer of USD 16 million at a closing rate of 1441.64. The BoM has refused all the bid offers and ask offers. The same day, the BoM did not make any Swap agreement with domestic commercial banks.