Baku / 30.10.17 / Turan: At the October 30 deposit auction of the Central Bank of Azerbaijan the demand amounted to 731 million manat, against the supply of 200 million manat. Thus, the demand exceeded the supply 3.7 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. The Central Bank of Azerbaijan started holding deposit auctions in June 2016. -7...

Please login or subscribe to read more

Leave a review

Finance

Follow us on social networks

In Focus