Baku / 10.09.18 / Turan: At the deposit auction on Monday, the Central Bank raised 350 million manat.Demand at the auction amounted to 672.5 million manat.Thus, demand exceeded supply by 1.9 times.The funds were raised for a period of 14 days, at an average weighted rate of 8.01%.Deposit auctions are held as part of anti-inflation measures. During the auction, the Central Bank accepts deposits from commercial banks for placement. The main purpose...

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