Baku / 05.06.17 / Turan: At the deposit auction of the Central Bank on Monday, demand exceeded supply three times.The Central Bank raised 200 million manats, against the supply of 608.8 million manats.The funds were raised for a period of 14 days, at an average weighted rate of 12.01%.Deposit auctions are held as part of anti-inflation measures. During the deposit auction, the Central Bank accepts deposits from commercial banks for placement. The...

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