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Iran's Central Bank Assets Rise 27.8%

Iran's Central Bank Assets Rise 27.8%  Iran's Central Bank Assets Rise 27.8%

Total assets of the Central Bank of Iran reached 7.1 quadrillion rials ($ 70.1 billion) in the first seven months  of current fiscal year, registering 27.8% growth year-on- year and 16.1% growth compared to the end of the previous fiscal in March 2018.
According to CBI data, foreign assets accounted for about 63% of the total assets at 4.5 quadrillion rials ($ 44.7 billion) by October 22. The figure indicates a 26% jump compared to the same month the previous year and 11% growth compared to the last month of the previous fiscal. 
Total debt of the government and its affiliated companies to CBI exceeds 663 trillion rials ($6.5 billion) which shows 6.2% growth YOY and 25.6% growth compared to the end of the last fiscal. 

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