Baku / 23.04.18 / Turan: At the deposit auction of the Central Bank of Azerbaijan on Monday, demand exceeded supply by 2.7 times.The Central Bank raised 350 million manat against the demand of 935.8 million manat.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....

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