Baku / 09.09.19 / Turan: The Central Bank raised 100 million manat at a deposit auction on Monday.Demand at the auction amounted to 583.1 million manat. Thus, demand at the auction exceeded supply by 5.8 times.Funds were attracted for a period of 14 days, at an average rate of 6.26%.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 pur...

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