Baku / 09.06.17 / Turan: At the deposit auction of the Central Bank of Azerbaijan on Friday, demand exceeded supply by 3.3 times.At the auction, demand amounted to 665.2 million manat against the offer of 200 million manat.The funds were attracted for a period of 14 days at the weighted average rate of 12.01%.Deposit auctions are held as part of anti-inflation measures. The Central Bank started holding deposit auctions in June 2016. -71D-

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