Baku / 04.02.19 / Turan: The Central Bank attracted 350 million manat on a deposit auction on Monday.The demand amounted to 826.1 million manat. Thus, demand exceeded supply by 2.4 times.The funds were raised for a period of 14 days, at a weighted average rate of 7.26%.Deposit auctions are conducted as part of anti-inflation measures. During the auction, the Central Bank accepts deposits from commercial banks. The main purpose of deposit auctions...

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