Baku / 12.03.18 / Turan: At the deposit auction of the Central Bank of Azerbaijan on March 12, demand exceeded supply by 5.6 times - 1 billion 131 million 700 thousand manat, against the proposal of 200 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 placeme...

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