FOREX AUCTION RUNS

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thursday, the Bank of Mongolia (BoM) received from local commercial banks bid offer of 13.7 million USD and 8 million CNY. The BOM has sold 6.5 million USD as closing rate of MNT 1,781.10 and 8 million CNY as closing rate of 286.02. The same day, BoM received MNT Swap agreement offer in equivalent to 30.5 million USD and CNY Swap agreement offer of 20 million CNY from local commercial banks and accepted all offer.