Iranian banks held foreign assets worth 24,139.3 trillion rials ($68.8 billion) by the end of the fifth calendar month to August 22, up by 18.9% compared to the same time last year.
Central Bank of Iran data show that the pace of growth in foreign assets declined noticeably. The annualized growth in overseas assets was 61.7% in the fall of 2021.
CBI foreign assets were in the region of 7,561.5 trillion rials ($21.57b) in the period, up 15.3% y/y and 3.3% higher in the first five months of the present fiscal year that started in late March.
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