229
Liquidity Up, Monetary  Base Falls
Business And Markets

Liquidity Up, Monetary Base Falls

The recent rise in liquidity stems from a government policy to increase the inside money and money multiplier, while the monetary base is negative, said an official with the central bank.
Abolfazl Karami, director general for economic affairs of the Central Bank of Iran, said that liquidity hit over 6 trillion rials in the month of Tir (June 22 - July 22), showing a growth rate of 5.8 percent. 
The rise in liquidity, however, is mainly due to the money multiplier growth, which has increased with a 12.4 percent rate, Karami said, while the monetary base is at a current level of -5.9.
A money supplier is defined as the mathematical relationship between the monetary base and the supply of money in an economy. It explains the increase in the amount of cash in circulation generated by the banks’ ability to lend money out of their depositors’ funds.

 

Short URL : http://goo.gl/rb1bae

You can also read ...

EU Rushes to Protect Economic Interests in Iran
With a reputation of a slow-working institution that only gets...
New Report Reveals Banks’ NPL Ratio Gap
A senior member of Majlis Article 90 Commission presented the...
Tehran Stocks Unshaken by US Nuclear Deal Pullout
Iran nuclear deal seems to be on life-support these days, as...
Ministry Condemns US Sanctioning of CBI Chief
Two days after the Central Bank of Iran issued a statement...
NICICO Copper Concentrate Output Up 15%
Subsidiaries of National Iranian Copper Industries Company...
Travel Insurance  Up 20-25%
Premium rates on travel insurance have increased by as much as...
Vote on CFT Bill Delayed
As lawmakers discussed the amendment bill related to Iran’s...
About 645 million shares valued at $35.41 million changed hands at TSE on May 22.
Tehran Stock Exchange’s main index gained 2.53 points on...

Trending

Googleplus