FOREX AUCTION RUNS

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BoM) received from local commercial banks bid offer 14.8 million USD and 16 million CNY. The BOM has accepted the offer by selling 11.8 million USD as closing rate of MNT 1,780.10. The same day, BoM received MNT Swap agreement offer in equivalent to 51.0 million USD and 15.0 million CNY from local commercial banks and accepted the offer.