Baku / 12.07.19 / Turan: The Central Bank is planning to attract 100 million manat at the next deposit auction.The auction will take place on July 15th. 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, t...

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