Recent Central Bank of Iran data show increase in money (M1) and a proportional decline in quasi money, or M2.
M1 was in the region of 11,268.4 trillion rials ($36.3 billion), up 55.2% at the end of first quarter of fiscal 2022-23 to June 21, and the highest annual growth since Feb. 2021.
As a component of broad money, M1 is referred to the most liquid assets that can be easily turned into cash.
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