Baku / 14.05.18 / Turan: At the deposit auction, the Central Bank of Azerbaijan raised 350 million manat on Monday.Thus, the demand at the deposit auction exceeded the supply by 2.7 times.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. The main purpose of depos...

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