Baku / 10.29.18 / Turan: At the deposit auction, the demand amounted to 1 billion 246 million 900 thousand manat, against the supply of 350 million manat. Thus, demand exceeded supply by 3.5 times.The Central Bank raised funds for a period of 14 days at a rate of 8.01%.Deposit auctions are held as part of anti-inflation measures. During the auction, the Central Bank accepts deposits from commercial banks. The main purpose of deposit auctions is t...

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