Business And Markets
0

Bond Sales Helped Control Runaway Inflation

Bond Sales Helped Control Runaway Inflation
Bond Sales Helped Control Runaway Inflation

The central bank governor commended the initiative to hold bond auctions that helped in preventing further expansion of money supply. 
Addressing the 60th CBI General Assembly on Tuesday, Abdolnasser Hemmati said monetary base and money supply could jump higher had it not been for the large-scale bond sales.
President Hassan Rouhani and senior economic officials were present at the annual meeting.   
 

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com