Baku / 08.06.20 / Turan: The Central Bank raised 200 million manat at a deposit auction on Monday.The funds were attracted for a period of 14 days, at an average rate of 6.76%.Demand at the auction amounted to 356.8 million manat. Thus, demand exceeded supply 1.7 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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