Baku / 07.07.19 / Turan: At the next deposit auction, the Central Bank plans to raise 150 million manat. The auction will take place on July 8. Funds will be raised for a period of 14 days at a weighted average rate of 6.51% -8.49%.Deposit auctions are held as part of anti-inflation measures. During the auction, the Central Bank accepts deposits from commercial banks. The main purpose of deposit auctions is money sterilization.In 2016, the Centra...

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