Central Bank of Iran: Pace of Broad Money Growth Slows

December 28, 2021

D ata released by the Central Bank of Iran show that money supply grew at a slower pace in the Iranian calendar month ending Nov 21 compared to the month before.

Broad money stood at 43,159.5 trillion rials ($144 billion) in the eighth month, registering 42% growth y/y. That was a slight decline by 0.8 percentage points on an annualized growth a month before.

According CBI data seen on its website, broad money expanded by 24.2% in the first eight months of the fiscal year (started in March).


Top News


Iran to pilot national cryptocurrency so...
January 18, 2022
Interbank Rates Abating
January 17, 2022
Iran, Syria to establish joint free zone...
January 15, 2022