Baku / 07.01.20 / Turan: The Central Bank raised 150 million manats at the first deposit auction in 2020 on Tuesday.Funds were attracted for a period of 14 days, at an average rate of 5.76%.Demand at the auction amounted to 909.1 million manats. Thus, demand at the auction exceeded supply by six times.Deposit auctions are held as part of anti-inflationary measures. During the auction, the Central Bank accepts deposits of commercial banks for plac...

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