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 12.5 million USD and 22 million CNY and ask offer of 2 million CNY. The BOM has sold 11.0 million USD as closing rate of MNT 1,795.00. The same day, BoM received MNT Swap agreement offer in equivalent to 103.00 million USD from local commercial banks and accepted the offer.