Baku / 20.07.20 / Turan: The Central Bank attracted 100 million manat at the next deposit auction on Monday.The funds were attracted for a period of 14 days, at an average rate of 6.51%.The demand at the auction amounted to 521.9 million manat, exceeding the demand by 5.2 times.Deposit auctions are held as part of anti-inflationary measures. During the auction, the Central Bank accepts deposits from commercial banks for placement. The main purpos...

Please login or subscribe to read more

Leave a review

Finance

Follow us on social networks

In Focus