CBI Says Tamed Monetary Base Growth

The Central Bank of Iran says its efforts have delivered in curbing growth of the monetary base during the first six months of current fiscal year (March 20-Sep 21). 
The monetary base grew by 5.4% in H1, losing momentum compared with 8.8% growth in fiscal Q1 (March-June), the CBI public relations office said. 
Due to the impact on consumer prices, the CBI has regularly published data about the monetary base. Increase in the monetary base faster than the overall economic growth pushes up the rate of inflation.