FOREX AUCTION RUNS

Ulaanbaatar, Mongolia /MONTSAME/ The Bank of Mongolia (BoM) held on Thursday its foreign currency auction in accordance with requests sent from commercial banks to purchase US dollars and Chinese Yuan. During the forex auction, the BOM refused for the bids to sell CNY as considering the demand and supply of CNY is balanced, but sold USD 2.461 million at closing rate of MNT 1,389.65. B.Khuder