Baku / 06.07.18 / Turan: The budget of the next deposit auction, which will be held on July 9, is 350 million manat.The funds will be raised for 14 days, at an average weighted rate of 8.01% -9.99%.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 Bank star...

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