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 61.1 million at a closing rate of MNT 1,398.0 and refused for the bids to sell and buy CNY, considering the demand and supply of CNY as balanced. B.Khuder