Baku / 28.02.20 / Turan: The Central Bank plans to raise 100 million manat in the next deposit auction.The auction will be held on March 2. The Central Bank will raise funds for 14 days, at an average rate of 5.51% - 7.24%.Deposit auctions are held as part of anti-inflationary measures. During the auction, the Central Bank accepts deposits of commercial banks for placement. The main purpose of deposit auctions is to sterilize the money supply.The...

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