Baku / 01.06.20 / Turan: At a deposit auction on Monday, the Central Bank raised 250 million manats. The funds were attracted for a period of 14 days, at an average rate of 6.76%.The demand at the auction amounted to 716.5 million manats, exceeding the offer by 2.8 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 depo...

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