FOREX AUCTION RUNS

Ulaanbaatar, Mongolia /MONTSAME/ The Bank of Mongolia (BoM) ran on Tuesday its foreign currency auction in accordance with requests sent from commercial banks to sell/buy US dollars and Chinese Yuan (CNY). During the forex auction, the BoM refused for the bids to sell CNY 75 million as considering the demand and supply of CNY is balanced, but bought USD 6 million at closing rate of MNT 1,384.0. B.Khuder