Liquidity grows 24.1% yr/yr

TEHRAN TIMES- Iran’s liquidity in the second month of current Iranian calendar year, Ordibehesht (April 21- May 21, 2017), showed 24.1 percent rise compared to the same time in the previous year, Tasnim news agency reported on Tuesday.

According to a report released by the Central Bank of Iran (CBI), liquidity stood at 12.89 quadrillion rials (about $337.8 billion) in the said month.

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.

Date : Wednesday 9 August 2017 / Subject : Economic News / Source : Tehran Times