Baku / 07.01.19 / Turan: At the deposit auction on Monday, the Central Bank attracted 350 million manat.The demand at the auction amounted to 902.7 million manat. Thus, demand exceeded supply by 2.5 times.The funds were raised for a period of 14 days, at a weighted average rate of 7.76%.Deposit auctions are conducted as part of anti-inflation measures. During the auction, the Central Bank accepts deposits from commercial banks. The main purpose o...

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