Baku / 0903.18 / Turan: At the deposit auction on March 12, the Central Bank of Azerbaijan plans to raise AZN 200 million.The funds will be raised for a period of 14 days, at an average weighted rate of 8.01% -12.99%.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.Th...

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