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Tehran High on List of Bad Checks

Tehran High on List of Bad Checks   Tehran High on List of Bad Checks

In the calendar month ending Oct.21 a total of 734,000 checks bounced – down 15% compared to a month before. 
In value terms, bad checks increased 4.5% worth 214 trillion rials ($856 million), according to data released by the Central Bank of Iran. 
Bad checks accounted for 8.3% and 9.9% of all written checks in the mentioned month, in volume and value, respectively.

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