Baku / 06.21.19 / Turan: The budget of the next deposit auction of the Central Bank, which will be held on June 24, will be 150 million manat.Funds will be raised for a period of 14 days at a weighted average rate of 6.51% -8.49%.Deposit auctions are held as part of anti-inflation measures. During the auction, the Central Bank accepts deposits from commercial banks. The main purpose of deposit auctions is money sterilization.In 2016, the Central...

Please login or subscribe to read more

Leave a review

Finance

Follow us on social networks

In Focus