Baku / 04.12.17 / Turan: At the deposit auction on Monday, the Central Bank of Azerbaijan raised 200 million manat, against the demand of 548,60 million manat.The funds were attracted for a period of 14 days, at an average weighted rate of 10.01%.Deposit auctions are held as part of anti-inflation measures. During the auction, the Central Bank accepts deposits of commercial banks for placement. The main purpose of deposit auctions is the steriliz...

Please login or subscribe to read more

Leave a review

Finance

Follow us on social networks

In Focus