Baku /21.10.19 / Turan: The Central Bank raised 100 million manat at a deposit auction on Moday. The funds were attracted for a period of 14 days, at an average rate of 6.26%.Demand at the auction amounted to 538 million manat. Thus, demand at the deposit auction exceeded supply by 5.3 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...

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