Central Bank of Iran: Pace of Broad Money Growth Slows

December 28, 2021
banking

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).

financialtribune



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