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 USD and CNY. The BOM has sold 10.0 million USD as closing rate of MNT 1,779.01 and 18 million CNY as closing rate of 285.75. The same day, BoM received MNT Swap agreement offer in equivalent to 82.3 million USD from local commercial banks and accepted the offer.