FOREX AUCTION RUNS

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction on Tuesday, the Bank of Mongolia (BoM) received bid offer of CNY and 19.0 million USD from local commercial banks. The BOM sold 13.0 million USD as closing rate of MNT 1,824.10 and 30.0 million CNY as closing rate of MNT 292.55. The same day, BoM received MNT Swap agreement bid offer in equivalent to 68.0 million USD from local commercial banks and accepted the offer.