FOREX AUCTION RUNS

Ulaanbaatar, Mongolia /MONTSAME/ The Bank of Mongolia (BoM) on Thursday ran its foreign currency auction in accordance with requests from commercial banks to sell/buy US dollars and Chinese Yuan (CNY). During the forex auction, the BoM bought USD 9.43 million at a closing rate of MNT 1,399.0 and refused for the bids to sell CNY 45 million, considering that the demand and supply of CNY is balanced. B.Khuder