Baku / 07.07.17 / Turan: At the deposit auction of the Central Bank of Azerbaijan on Friday, demand exceeded supply by 3.8 times.The Central Bank raised AZN 200 million at the demand of 761.3 million manats.The funds were raised for a period of 14 days, at an average weighted rate of 10.01%.Deposit auctions are held as part of anti-inflation measures. Since June 2016, the Central Bank has been holding deposit auctions. ------71D

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