Liquidity at $333b in a month

Iran’s liquidity stood at 12.6 quadrillion rials (about $333 billion) during the first Iranian calendar month of Farvardin (March 21-April 22, 2017), according to a report released by the Central Bank of Iran (CBI).

TEHRAN TIMES- Iran’s liquidity stood at 12.6 quadrillion rials (about $333 billion) during the first Iranian calendar month of Farvardin (March 21-April 22, 2017), according to a report released by the Central Bank of Iran (CBI).

The figure shows 23.7 percent rise compared to the same time in the previous year, the report said.

Liquidity in Iran witnessed a 2.5-fold rise during the past four years, IRIB news quoted Hamidreza Hajibabaie, the chairman of parliament (Majlis) ad hoc committee for reviewing the Sixth National Development Plan (2016-2021), as saying in February 1st.

Tehran Times
Publish Date: Jul 29, 2017