Baku / 18.12.17 / Turan: The Central Bank of Azerbaijan raised AZN 180.10 million at the deposit auction on Monday, against the budget of the auction, AZN 200 million.The funds were raised for a period of 14 days, at an average weighted rate of 13.34%.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 s...

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