Baku /07.10.19 / Turan: At a deposit auction on Monday, the Central Bank raised 100 million manats.Demand at the auction amounted to 583.6 million manats. Thus, demand exceeded supply by 5.8 times.Funds were attracted for a period of 14 days, at an average rate of 6.26%.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 depos...

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