Baku / 01/18/19 / Turan: The Central Bank is planning to raise AZN 350 million at the next deposit auction. The auction will take place on January 21st.Funds will be raised for a period of 14 days, at a weighted average rate of 7.76% -9.74%.Deposit auctions are conducted 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.The C...

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