Baku /28.10.19 / Turan: The Central Bank raised 150 million manat on Monday.The funds were raised for a period of 14 days, at a weighted average rate of 6.01%.Demand at the auction amounted to 678 million 300 thousand manat. Thus, demand at a deposit auction exceeded supply by 4.5 times.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...

Please login or subscribe to read more

Leave a review

Finance

Follow us on social networks

In Focus