CBI Says: Ballooning Money Supply Linked to Structural Flaws

Central Bank of Iran says the overexpansion of monetary variables is largely due to ingrained defects in the structure of economy. 
The public relations department of the bank published a note in response to critics of CBI’s performance with regard to efforts, or the lack of, to control money supply. 
News outlets in recent weeks said the money supply had doubled in three years and leveled criticism, in particular, against the CBI Governor Abdolnasser Hemmati who took office in the summer 2018.