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Interbank Rates at 2-Year-High

Interbank Rates at 2-Year-High
Interbank Rates at 2-Year-High

Interbank rates continued to climb last week reaching the highest in two years. 
According to EcoIran Web TV, rates in the market posted 0.75% growth during the week to February 16, to reach 22.54%. 
Interbank rates shot up in the past three weeks. The choppy rates two years ago were seen as a key factor leading to the collapse of the share market. Experts say low interest rates drive liquidity out of banks to the bourse and vice versa.

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