Baku / 05.01.18 / Turan: At the deposit auction on Friday the Central Bank raised 142.5 million manats less. The Central Bank raised AZN 57.5 million against the offer of AZN 200 million. The funds were raised for a period of 10 days, at an average weighted rate of 14.69%.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 deposi...

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