Central Bank of Iran Reports 20% Jump in Liquidity

Data released by the Central Bank of Iran show that the total liquidity stood at 16.72 quadrillion rials ($122.96 billion) on Sept. 22, a 20.3% jump compared to the same month last year.
The figure is also indicative of a 9.3% rise compared to the volume registered at the end of the previous fiscal in March 2017.
Total volume of M1 in the banking system was equal to 2.43 quadrillion rials ($17.91 billion) on Sept. 22 -- a 44.8% annual jump, while M2 amounted to 14.28 quadrillion rials ($105.05 billion) up 16.9% YOY.