Forex auction runs

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BoM) received from local commercial banks bid offer of USD and CNY. The BOM has sold 10.4 million USD as closing rate of MNT 1,779.50 and 33 million CNY as closing rate of MNT 286. The same day, BoM received MNT Swap agreement offer in equivalent to 48.0 million USD and 20.0 million CNY from local commercial banks and accepted the offer.