Baku / 07.15.19 / Turan: At a deposit auction on Monday, the Central Bank raised 100 million manat.The demand at the auction amounted to 724.8 million manat. Thus, demand exceeded supply by 7.2 times.The funds were raised for a period of 14 days, at a weighted average rate of 6.51%.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...

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