Baku / 27.01.20 / Turan: The Central Bank raised 100 million manat at a deposit auction on Monday.Funds were attracted for a period of 14 days, at an average rate of 5.76%.The demand at the auction amounted to 728.9 million manat, exceeding the supply by 7.2 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 deposit auc...

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