Baku / 11.01.19 / Turan: The Central Bank will hold the next deposit auction on January 14.The budget of the auction will be 350 million manat.The 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.In 2016,...

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