Baku / 08.01.18 / Turan: At the deposit auction of the Central Bank of Azerbaijan on Monday demand amounted to 300.3 million manat against the supply of 300 million manats.The funds were raised for a period of 14 days, at an average weighted rate of 14.79%.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 purpose of deposit auctions is st...

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