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Money Supply Rises 36.2%

Money Supply Rises 36.2%
Money Supply Rises 36.2%

Data released by the Central Bank of Iran show a significant increase in monetary indicators during the first six months of current fiscal year (March 20- Sept. 21), raising fresh concerns about consumer price inflation. 
Broad money supply reached 28,958.9 trillion rials ($107 billion) at the end of the H1, indicating 36.2% growth compared to the same period last year. 
The report indicates that money supply grew by 17.1% in the six months and reflected on the main components of money supply including money circulating in the economy plus quasi money. 

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