Baku / 03.03.18 / Turan: At the deposit auction on April 2, the Central Bank plans to raise AZN 250 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.The Central Ban...

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