Monetary Base Rises, But at a Slower Pace

The monetary base shot up again in the eighth calendar month to November 22, though at lower pace the Central Bank of Iran reported. 
It was near 7,276 trillion rials ($16.92 billion) -- up 20.5% in eight months since the beginning of fiscal year in March, but rose 34.6% in 12 months, which was down 1.2 percentage points from annualized growth of 35.8% in the same period last year.
The CBI released data on broad money, tagging it at 58,068 trillion rials ($135b) during the period -- up 20.2% in eight months.
On an annualized basis, broad money jumped 34.5% during the eight months to November 22, which was lower on the annual growth percentage in the first eight months last year at 42%.