FOREX AUCTION RUNS

Ulaanbaatar, Mongolia /MONTSAME/ The Bank of Mongolia (BoM) ran Tuesday its foreign currency auction in accordance with requests from commercial banks to sell US dollars and Chinese Yuan (CNY). The BoM received from local commercials banks bid offers of USD and CNY, and sold USD 17 million at a closing rate of MNT 1,396.50 MNT and CNY 70 million at a closing rate of MNT 224.21. B.Khuder