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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