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Central Bank of Iran Reports 25% Growth in Liquidity

Central Bank of Iran Reports 25% Growth in Liquidity
Central Bank of Iran Reports 25% Growth in Liquidity

Monthly reports of Central Bank of Iran again speak of liquidity growth since the beginning of the present calendar year on March 20. 
The CBI’s latest report shows a 25.1% growth in liquidity by the end of third month of the calendar year to June 21 compared to the corresponding month last year. 
Liquidity stood at 197, 99.1 trillion rials ($176.7 billion) in the month, also indicating a 5.2% rise compared with the last month of previous fiscal year (ended March 19, 2019). 
The regulator reported an annual liquidity growth of 23.1% for the final month of last year when liquidity was 18,828 trillion rials ($168.1 billion). 
It should be noted that the latest growth rate is 0.1% lower than the figure for a month earlier (25.2%). However, it still is significant taking into account the bigger picture and considering several bouts of decline in the pace of liquidity growth.  

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