Baku / 11.03.19 / Turan: At the deposit auction on Monday, the Central Bank attracted 350 million manat.The funds were raised for a period of 14 days, at a weighted average rate of 7.26%.The demand at the auction amounted to 909.8 million manat. Thus, demand exceeded supply by 2.6 times.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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