FOREX AUCTION RUNS

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Thursday, the Bank of Mongolia (BoM) received from local commercial banks bid offer 21.4 million USD and 31.4 million CNY. The BOM has accepted the offer by selling 21.4 million USD as closing rate of MNT 1,780.00 and 31.4 million CNY as closing rate of MNT 287.05. The same day, BoM received MNT Swap agreement offer in equivalent to 11.0 million USD from local commercial banks and accepted the offer.