Economy, Business And Markets

CBI’s Financial Statements Approved

CBI’s Financial Statements ApprovedCBI’s Financial Statements Approved

The Money and Credit Council approved Central Bank of Iran financial statements for the fiscal year ending March 19, 2016. Statements had been primarily reviewed by the bank, the CBI website reported on Friday.  MCC members also lifted the cap for home renovation loans in rural areas to 200 million rials ($5,600). Two lawmakers, Mohammad Reza Tabesh and Elias Hazrati, were appointed new members of the monetary policy council.