FOREX AUCTION RUNS

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thursday, the Bank of Mongolia (BoM) received from local commercial banks bid offer of 38 million USD and 47.5 million CNY. The BOM has sold 10.0 million USD as closing rate of MNT 1,774.00. The same day, BoM received MNT Swap agreement offer in equivalent to 31.0 million USD and CNY Swap agreement offer of 20.0 million CNY from local commercial banks and accepted the offer.