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CBI Trying to Restrain Inflation

CBI Trying to Restrain Inflation CBI Trying to Restrain Inflation

With consumer price inflation galloping again in the last Iranian calendar month (Sept.22-Oct.21), the Central Bank of Iran in a report examined key factors pushing up prices and ways to control the trend. 
CBI measures at damage control include a combination of monetary and forex policies designed to "manage inflation expectations" and pull the inflation rate closer to the target inflation announced by the regulator. 
As per the report on the CBI website, the plunge in government forex revenue and growing budget deficits were the main reasons behind the high and rising inflation.

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