CBI Aims to Ease Conditions, Keep Interbank Rates Low  

The governor of the Central Bank of Iran, Ali Salehabadi, says the regulator will work to curb interbank rates in line with monetary policy. 
Salehabadi reiterated the policy in a meeting Tuesday with the head of the Securities and Exchange Organization, Majid Eshqi, who voiced investors’ concerns about the detrimental impact of high interbank rates on the already struggling share market. 
“There is a need for alignment of monetary and financial policies,” Salehabadi was quoted as saying by the CBI website. 
Hovering near 20% for months, interbank rates have crossed above 21% in recent weeks and was 21.31% on Saturday, the highest in 18 months.