Volume of deposits involved at an auction held today amounted to AZN 129 million, the weighted average interest rate to 6.49$.
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Central Bank involves AZN 129M at first deposit auction
13 June 2016
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Taking into account the macroeconomic processes, targets on monetary policy, as well as liquidity of banking sector, the Central Bank of Azerbaijan decided to hold deposit operations within auctions on involvement of funds.
Central Bank of Azerbaijan told APA-Economics that the deposit operations aim to develop monetary market and promote improvement of operational framework on monetary policy.
Volume of deposits involved at an auction held today amounted to AZN 129 million, the weighted average interest rate to 6.49$.
Volume of deposits involved at an auction held today amounted to AZN 129 million, the weighted average interest rate to 6.49$.
