Interbank rates continued to rise this week for the sixth consecutive week amid the central bank’s expansionary measures.
It surged to 19.35% to hit the highest level in the current…
The Central Bank of Iran issued an update Saturday on interbank lending rates indicating that the rates are of the declining order.
It said the rate now is 17.95% down from 18.12% registered…
The Central Bank of Iran said Wednesday that it would set the cap on interest rates for interbank deposits at 12%, up from the previous 10%.
In a press release on its website, the CBI said the…
The aggregate value of interbank market transactions reached 107,149 trillion rials ($792 billion) in the last fiscal that ended in March to register a solid 67% growth compared to a year ago.…
Officials at the Central Bank of Iran have announced the decision to change interbank interest rates in a move that will subsequently impact deposit interest rates, a senior official at the…
A total of 38,101 deals worth more than 64.05 quadrillion rials ($1.51 trillion) were conducted in Iran's interbank market during the previous fiscal year that ended on March 20, 2018, the…
Iranian interbank transactions during the fiscal year to March 20, 2017, stood at 30.9 quadrillion rials ($814.6 billion), marking a growth of 9.2 quadrillion rials ($243.2 billion) or 42.6%…
A recent report by the Central Bank of Iran indicates a 9.3% drop in the average lending rates in the interbank market during the previous fiscal year (ended in March). According to the CBI, the…
The average lending rate in the interbank market stood at 18.7% from March 20 to September 11, the Central Bank of Iran said Wednesday. “The interbank rate varied between 17–22% during the five…