Forex auction runs

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia (BoM) received bid offer of USD and CNY from local commercial banks. The BoM sold USD 8.0 million, and CNY 93.0 million at a closing rate of MNT 280.0 to local commercial banks. The same day, the BoM received bid offer of USD 30.0 million for Swap agreement from local commercial banks and accepted the offer.