FOREX AUCTION HELD

Ulaanbaatar, Mongolia /MONTSAME/ The Bank of Mongolia (BoM) held on Tuesday its foreign currency auction in accordance with requests sent from commercial banks to purchase US dollars and Chinese Yuan (CNY). During the forex auction, the BOM refused for the bids to sell USD as considering the demand and supply of USD is balanced, but sold CNY 21.0 million at closing rate of MNT 222.39. B.Khuder