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Iran's CB Foreign Assets Add to Monetary Base Expansion 

Data show that the CBI’s foreign assets alone added 21.3 percentage points of the monetary base in the said period. A month before, this was 7.7 percentage points of the annualized 33.2% increase
CBI Foreign Assets Add to Monetary Base Expansion 
CBI Foreign Assets Add to Monetary Base Expansion 

New data show net foreign assets owned by the Central Bank of Iran contributed more to the monetary base expansion  the final month of the last fiscal year ending March 20. 
The role of bank debts in expanding the monetary base has declined proportionally, the CBI said in a report. 
The monetary base reached 6,039.7 trillion rials ($18.8 billion) by March 20, up 31.6% to the year. It was of the declining order throughout the last fiscal year, dropping from an annualized 42.1% in mid-August. 
Data show that the CBI’s foreign assets alone added 21.3 percentage points of the monetary base in the said period. A month before, this was 7.7 percentage points of the annualized 33.2% increase. 
 

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