Monetary Base Up 18% in 7 Months

The monetary base shot up again in the seventh calendar month to October 22, the Central Bank of Iran reported. 
It was near 7,129.3 trillion rials ($20.19 billion) -- up 18% in seven months since the beginning of fiscal year in March, but rose 34.5% in 12 months, which was down 1.9 percentage points from annualized growth of 36.4% in the same period last year.
The CBI released data on broad money, tagging it at 56,769.7 trillion rials ($160.8b) during the period -- up 17.5% in seven months but 4.1 percentage points lower than the corresponding period last year when it was 21.6%.
On an annualized basis, broad money jumped 34.3% during the seven months to October 22, which was lower on the annual growth percentage in the first seven months last year at 42.8%.