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 17.7 million USD as closing rate of MNT 1,826.50 and 38.5 million CNY as closing rate of MNT 293.10. The same day, BoM received MNT Swap agreement bid offer in equivalent to 40.0 million USD and USD Swap agreement ask offer of 25.0 million USD from local commercial banks and accepted all offer.