Baku / 27.11.17 / Turan: At the deposit auction, the Central Bank of Azerbaijan raised 300 million manat on Monday, against the demand of 903.10 million manat.Thus, demand exceeded supply three times.The funds were raised for a period of 14 days, at an average weighted rate of 10.01%.Deposit auctions are held as part of anti-inflation measures. During the auction, the Central Bank accepts deposits of commercial banks for placement. The main purpo...

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