25 Apr 2024
Tuesday 12 February 2019 - 16:35
Story Code : 338197

Iran's liquidity climbs to $150 billion

Financial Tribune - A monthly report by the Central Bank of Iran released onSunday,showed liquidity reached 17,645 trillion rials ($150.8 billion) in the Iranian month of Azar (Nov.22-Dec. 21), up 22.1% compared to the same month last year.

The report published on the CBI website indicates that the money supply increased by 15.3% compared to the end of the last fiscal year (March 2018).

Of the total volume of liquidity, the share of money -- including physical currency, gold coins and demand deposits - in the banking system was 2,446 trillion rials ($20.9 billion) in Azar, indicating 41% rise year-on-year and up 25.7% compared with the end of the last fiscal.
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