Baku / 08.28.19 / Turan: At a deposit auction on Monday, the Central Bank raised 100 million manat.Demand at the auction amounted to 721.3 million manat. Thus, the demand at the auction exceeded the supply by 7.2 times.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...

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