Baku / 01.02.18 / Turan: The Central Bank is planning to raise AZN 250 million at the deposit auction on February 5.The funds will be attracted for a period of 14 days, at an average weighted rate of 10.01% -14.99%.Deposit auctions are held as part of anti-inflation measures. During the auction, the Central Bank accepts deposits of commercial banks for placement. The main purpose of deposit auctions is the sterilization of the money supply.The Ce...

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