Business And Markets
0

Check Transactions Improve

Check Transactions Improve
Check Transactions Improve

After a sharp decline in check use a month before, check transactions rebounded in the eighth month of the calendar month to Nov.21. 
According to data published by the Central Bank of Iran, during the period the number of issued checks jumped 30.2% to reach 7.1 million.
In value terms, the drawn checks climbed 24.9% to stand at 2,505 trillion rials ($8.6 billion) in the month. A month before, check transactions plunged 25.7% and 19.8% in volume and value, respectively, reaching 5.4 million checks worth 2,005 trillion rials ($6.9b).

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com