Baku / 05.24.19 / Turan: At the next deposit auction, the Central Bank plans to attract 150 million manat. The auction will be held on May 27. Funds will be raised for a period of 14 days, at a weighted average rate of 6.76% -8.74%.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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