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 16.0 million USD as closing rate of MNT 1,811.0 and 28.0 million CNY as closing rate of MNT 290.31. The same day, BoM received MNT Swap agreement bid offer in equivalent to 58.0 million USD from local commercial banks and accepted the offer.