Baku / 02.12.19 / Turan: The Central Bank raised 100 million manats at a deposit auction.The funds were raised for a period of 14 days, at a weighted average rate of 6.01%.Demand at the auction amounted to 655 million manats. Thus, demand at a deposit auction exceeded supply by 6.5 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 mai...

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