Forex auction runs

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BoM) received from local commercial banks bid offers of US Dollar and Chinese Yuan. The BoM sold USD 23.8 million at a closing rate of MNT 1436.80 and CNY 52 million CNY at a closing rate of MNT 233.40. The same day, the BoM received MNT Swap agreement bid offer of USD 102 million from domestic commercial banks and it accepted all the offers for swap agreement.