Baku / 17.09.18 / Turan: At the deposit auction on Monday the Central Bank raised 350 million manat.The demand for the auction amounted to 750.8 million manat. Thus, demand exceeded supply by 2.1 times.The funds were raised for a period of 14 days, at an average weighted rate of 8.01%.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 pu...

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