Baku / 16.12.19 / Turan: At a deposit auction on Monday, the Central Bank raised 100 million manats.Funds were attracted for a period of 14 days, at an average rate of 5.76%.Demand at the deposit auction amounted to 745.7 million manats. Thus, demand at the auction exceeded supply by 7.4 times.Deposit auctions are held as part of anti-inflationary measures. During the auction, the Central Bank accepts deposits of commercial banks for placement. T...

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