Business And Markets
0

Monetary Base Growth Loses Momentum: CBI

Monetary Base Growth Loses Momentum: CBI
Monetary Base Growth Loses Momentum: CBI

Data released by the Central Bank of Iran show that the growth in key indicators of monetary aggregates, namely monetary base and money supply, are losing pace.
In a report on economic trends and financial markets in the calendar month to Jan. 20, the CBI said the monetary base stood at 5,679.2 trillion rials ($21.8 billion).
This was up 35.5% in the twelve months to Jan. 20 and lower than the 42.1% in the annual monetary base growth in the calendar month to August 21.

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