Liquidity grows 24.3% yr/yr

October 15, 2017 - 9:22

TEHRAN- Iran’s liquidity in the fifth month of current Iranian calendar year, Mordad (July 23-August 22, 2017), showed 24.3 percent rise compared to the same time in the previous year, Tasnim news agency reported on Saturday.

According to a report released by the Central Bank of Iran (CBI), liquidity stood at 13.66 quadrillion rials (about $340.05 billion) in the said month.

Liquidity in Iran witnessed a 2.5-fold rise during the past four years, IRIB news quoted Hamidreza Hajibabaie, the chairman of parliament (Majlis) ad hoc committee for reviewing the Sixth Five-Year National Development Plan (2016-2021), as saying in February 1st.

HJ/MA

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