FOREX AUCTION RUNS

Ulaanbaatar, Mongolia /MONTSAME/ The Bank of Mongolia (BoM) ran Thursday 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 total bid offers of USD 11.8 million and CNY 47 million and ask offers of USD 8 million. The BOM has refused for the bid and ask offers as considering the demand and supply of USD and CNY is balanced. B.Khuder