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Central Bank decreases auction budget to 100 mln USD
Finance
- 03 April, 2017
- 05:24
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Baku. 3 April. REPORT.AZ/ The Central Bank of Azerbaijan (CBA) decreased amount of funds wanted to attract in deposit auction.
Report informs referring to the CBA.
Thus, the bank intends to collect 100 mln USD in deposit auction. However, the figure is two times less than the figure on March 31. In other words, budget of the deposit auction decreased by 33.3%.
Notably, at both auctions supply exceeded demand.
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