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Money Supply Growth Slows

Money Supply Growth Slows
Money Supply Growth Slows

Monetary data released by the Central Bank of Iran show that highly liquid assets are growing at a much slower pace than their less liquid peers. 
Two main components of money supply, (M1) stood at 8,398.3 trillion rials ($30 billion) rising 36.2% in the month ending Nov.21 compared to the corresponding period last year. It grew 21.5% in eight months since the beginning of the fiscal year that ends in March. 
This was while near money (M2) supply was at 34,760.7 trillion rials ($124b) up 43.5% on an annualized basis and  24.8% over eight months. 

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