Baku / 22.01.18 / Turan: On January 22, the Central Bank raised AZN 250 million at the deposit auction.The demand for the auction amounted to 318 million manat. Thus, demand exceeded supply by 1.3 times.The funds were raised for a period of 14 days, at a weighted average rate of 14.30%.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 pur...

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