The Central Bank of Iran reported 40% rise in term deposits on an annualized basis by the end of the 10th calendar month to Jan. 20.
Total term deposits reached 36,280.8 trillion rials ($141 billion) indicating 30% increase in ten months.
Sight deposits rose 42% in the same period, reaching 7,996.7 trillion rials ($31b) – up 29.5%.
CBI data categorizes term deposits into long-term, short-term and Qarzol-Hassanah (interest-free) deposits...
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