Baku / 27.07.20 / Turan: At the deposit auction on Monday, the Central Bank attracted 150 million manats.The funds were raised for a period of 14 days at an average weighted rate of 6.51%.The demand at the auction amounted to 600 million 500 thousand manats, exceeding the supply by 4 times.Deposit auctions are held as part of anti-inflationary measures. During the auction, the Central Bank accepts deposits from commercial banks for placement. The...

Please login or subscribe to read more

Leave a review

Finance

Follow us on social networks

In Focus