Forex auction runs

Ulaanbaatar /MONTSAME/ On the Foreign Exchange Auction held Tuesday, the Bank of Mongolia sold USD 57.5 million at a closing rate of MNT 1437.54 and CNY 84 million at a closing rate of MNT 234.45 to local commercial banks. The same day, the BoM sold USD 235 million for Swap agreement, and received MNT Forward agreement offers from domestic commercial banks but refused all the offers.