FOREX AUCTION RUNS

Ulaanbaatar, Mongolia /MONTSAME/ The Bank of Mongolia (BoM) ran on Tuesday its foreign currency auction in accordance with requests from commercial banks to sell US dollars and Chinese Yuan (CNY). The BoM bought USD 17.5 million at a closing rate of MNT 1,399.0 and refused for the bids to sell CNY 36 million, considering the demand and supply of CNY as balanced. B.Khuder