Baku / 05.03.18 / Turan: At the deposit auction of the Central Bank on Monday, the demand exceeded the supply by 4.5 times.According to the Central Bank, 250 million manat was raised with the demand of 1 billion 133.3 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 b...

Please login or subscribe to read more

Leave a review

Finance

Follow us on social networks

In Focus