Baku / 09.12.19 / Turan: The Central Bank raised 150 million manats at a deposit auction on Monday.The funds were raised for a period of 14 days, at a weighted average rate of 6.01%.The demand at the auction amounted to 800.6 million manats, exceeding the offer 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 main purpose of d...

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