Baku / 18.02.19 / Turan: At a deposit auction on Monday, the Central Bank of Azerbaijan attracted 350 million manat.The funds were raised for a period of 14 days, at a weighted average rate of 7.26%.Demand at the auction, exceeding supply by 2.6 times, amounted to 929 million manat.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 dep...

Please login or subscribe to read more

Leave a review

Finance

Follow us on social networks

In Focus