Forext auction runs

Ulaanbaatar /MONTSAME/ The Bank of Mongolia (BoM) held Tuesday the Foreign Exchange Auction, receiving from local commercial banks bid offers of USD 8.0 million and ask offers of USD 20 million. The BoM has refused all the offers. The same day, the BoM received MNT Swap agreement bid offer of USD 47 million from domestic commercial banks and then has sold USD 45 million for swap agreement.