Baku / 07.08.17 / Turan: At the deposit auction of the Central Bank of Azerbaijan, the supply exceeded the demand 3.36 times. Thus, the supply amounted to 504.8 million manat, against the demand of 150 million manat.The funds were raised for a period of 14 days, at an average weighted rate of 10.01%.Deposit auctions are conducted as part of anti-inflation measures. The Central Bank started holding deposit auctions in June 2016. ------71D

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