Baku / 26.02.20 / Turan: At a deposit auction on Wednesday, the Central Bank raised 100 million manat.The funds were raised for a period of 28 days, at an average rate of 5.51%.Demand at the auction amounted to 617.6 million manat, exceeding the offer by 6.1 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 purpose of deposit auc...

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