Baku / 24.08.18 / Turan: At the next deposit auction on August 27, the Central Bank plans to raise 350 million manat.The funds will be attracted for a period of 14 days, at an average weighted rate of 8.01% -9.99%.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 purpose of deposit auctions is the sterilization of the money supply.The C...

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