Baku / 27.08.18 / Turan: At the latest deposit auction on Monday, the Central Bank raised 350 million manat. The demand at the auction amounted to 503.40 million manat. Thus, the demand exceeded the supply by 1.4 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 plac...

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