Forex auction runs

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BoM) received bid and ask of USD and CNY from local commercial banks. The BoM sold USD 62.3 million and CNY 111 million. The same day, the BoM sold USD 68.7 million and CNY 20 million for Swap agreement and refused the offer for Forward agreement from local commercial banks.