Baku / 22.01.20 / Turan: The Central Bank raised AZN 100 million at a deposit auction.The funds were attracted for a period of 28 days, at an average rate of 5.76%.The demand at the auction amounted to 592.2 million manat, exceeding the offer by 5.9 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 auctions is...

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