Baku / 09.30.19 / Turan: The Central Bank of Azerbaijan raised 150 million manats at a deposit auction on Monday.Demand at the auction amounted to 389.6 million manats. Thus, demand exceeded supply 2.5 times.The funds were attracted for a period of 14 days, at an average rate of 6.26%.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 p...

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