Baku / 07/01/19 / Turan: The Central Bank attracted 100 million manat at a deposit auction on Monday.The demand amounted to 701.5 million manat. Thus, the demand exceeded the supply by 7 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 auction...

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