Baku / 10.04.17 / Turan: On Monday, at the Central Bank's deposit auction, demand amounted to 353.5 million manat, against the supply of 200 million manat. The funds were attracted for a period of 14 days, at an average weighted rate of 14.58%.Since June 2016, the Central Bank has started holding deposit auctions. According to international practice, the main purpose of deposit auctions is sterilization of the money supply. During the deposit auc...

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