Baku/06.04.20/Turan: The Central Bank raised 200 million manat at a deposit auction on Monday.Funds were attracted for a period of 14 days, at an average rate of 6.76%.Demand at the auction amounted to 258.7 million manat.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 to sterilize the money supply.Sinc...

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