Baku / 17.07.17 / Turan: At the deposit auction of the Central Bank of Azerbaijan on July 17, demand exceeded supply by more than six times.The demand of commercial banks amounted to 600.6 million manat with the Central Bank offering 100 million manat.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. The Central Bank started holding auctions in June 2...

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