BM HOLDS FX AUCTION

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BoM) received bid offers of US dollars (USD) and Chinese Yuan (CNY), and sold USD 16.0 million. The same day, the BoM received MNT Swap agreement bid offer equivalent to USD 65.8 million from local commercial banks and the BoM accepted the offer.