Baku / 19.02.18 / Turan: Central Bank raised AZN 250 million at the deposit auction on Monday. The funds were raised for a period of 14 days, at an average weighted rate of 8.01%.At the auction demand amounted to 992.4 million manat. Thus, demand exceeded supply by 3.9 times.Deposit auctions are held as part of anti-inflation measures. During the auction, the Central Bank accepts deposits from commercial banks for placement. The main purpose of d...

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