Baku /16.03.20 / Turan: The Central Bank raised 100 million manat at a deposit auction on Monday.The funds were attracted for a period of 14 days, at an average rate of 5.51%.Demand at the auction amounted to 255 million manat. Thus, the demand exceeded the supply 2.5 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 d...

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