26 Apr 2024
Saturday 14 July 2018 - 16:01
Story Code : 312105

Liquidity crosses $350 billion by March 2018

Financial Tribune- The total volume of liquidity reached 15.3 quadrillion rials ($354.24 billion) by the end of the previous fiscal year on March 20, 2018, latest data released by the Central Bank of Iran show.

According to the report published on the regulators website, the figure was indicative of a year-on-year growth of 22.1% as liquidity stood at 12.53 quadrillion rials ($290.11 billion) at the end of the year before.

Although this hike is high, it actually shows a decline in pace when compared with the past two years when liquidity had registered an annual rise of 23.2% and 30% respectively.
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