Baku / 04.03.20 / Turan: The Central Bank raised 100 million manat at a deposit auction on Wednesday.The funds were attracted for a period of 28 days, at an average rate of 5.51%.The demand at the auction amounted to 620.3 million manat, exceeding the supply by 6.2 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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