Baku / 24.02.20 / Turan: At a deposit auction on Monday, the Central Bank raised 100 million manat.The funds were attracted for a period of 14 days, at an average rate of 5.51%.Demand at the auction amounted to 602.9 million. manat. Thus, the demand at the deposit auction exceeded the Central Bank supply by 6 times.Deposit auctions are held as part of anti-inflationary measures. During the auction, the Central Bank accepts deposits of commercial...

Please login or subscribe to read more

Leave a review

Finance

Follow us on social networks

In Focus