FOREX AUCTION RUNS

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thursday, the Bank of Mongolia (BoM) received bid offer of 0.5 million USD and 23.0 million CNY and ask offer of 4.0 million USD from local commercial banks. The BOM has not accepted any offer. The same day, BoM received MNT Swap agreement bid offer in equivalent to 53.0 million USD and USD Swap agreement ask offer of 5.0 million USD from local commercial banks. The BOM accepted the MNT Swap agreement offer.