Baku / 27.04.20 / Turan: At a deposit auction on Monday, the Central Bank raised 250 million manat.The funds were attracted for a period of 14 days at an average rate of 6.76%.Demand at the auction amounted to 416.5 million manat. Thus, demand exceeded supply 1.6 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 deposi...

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