Call for Informed Monetary Analysis

Monetary variables, such as broad money supply, needs to be assessed in light of special circumstances and unusual circumstances, a Central Bank of Iran official said. 
"Focusing only on monetary variables without considering the conditions under which the variables have emerged cannot lead to an accurate and informed analysis," Mohammad Akhbari, the CBI vice governor for reviewing economic policies said in a press release psted on the bank’s website. 
He was responding to criticism that money supply had reached its apex in the two tenures of President Hassan Rouhani. 
Pointing to the driving forces behind expansion of money supply in recent months, Akhbari said "Iran's economy has been grappling with international economic and financial sanctions unprecedented in the country's history."