Baku / 14.04.17 / Turan: On Friday, at the deposit auction of the Central Bank of Azerbaijan, the demand amounted to 263.75 million manat against the supply of 250 million manat.The funds were raised for a period of 14 days, at a weighted average rate of 14.14%.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. Durin...

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