Baku / 02.07.18 / Turan: At the deposit auction on Monday the Central Bank of Azerbaijan raised 350 million manat.The demand for the auction amounted to 762.4 million manat, which is 2.2 times more than the supply.The funds were raised for a period of 14 days, at an average weighted rate of 8.01%.Deposit auctions are held as part of anti-inflation measures. During the auction, the Central Bank accepts deposits from commercial banks for placement....

Please login or subscribe to read more

Leave a review

Finance

Follow us on social networks

In Focus