Baku / 10.05.19 / Turan: At the next deposit auction to be held on May 13, the Central Bank of Azerbaijan plans to raise 150 million manat.Funds will be raised for a period of 14 days, at a weighted average rate of 6.76% -8.74%.Deposit auctions are held as part of anti-inflation measures. During the auction, the Central Bank accepts deposits from commercial banks. The main purpose of deposit auctions is money sterilization.In 2016, the Central Ba...

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