The total volume of liquidity reached 15.3 quadrillion rials ($354.24 billion) by the end of the previous fiscal year on March 20, 2018, latest data released by the Central Bank of Iran show.
According to the report published on the regulator’s website, the figure was indicative of a year-on-year growth of 22.1% as liquidity stood at 12.53 quadrillion rials ($290.11 billion) at the end of the year before.
Although this hike is high, it actually shows a decline in pace when compared with the past two years when liquidity had registered an annual rise of 23.2% and 30% respectively.
July 13, 2018 19:14
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Liquidity Crosses $350 Billion by March 2018
The total volume of liquidity in Iran came close to $355 billion by the end of the previous fiscal year in March 2018, according to latest statistics disclosed by the central bank
The total value of Iran’s banks and credit institutions’ assets was reported to be 35.41 quadrillion rials ($819.86 billion) by the end of the previous year, which figure was up 23.1% compared with the year before
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