Baku, Azerbaijan, Dec. 19
By Elnur Baghishov - Trend:
The liquidity level in Iran in October this Iranian year (started March 21, 2018) exceeded 16.93 trillion rials (about $403 billion) and increased by 20.7 percent compared to the same period last year, according to the Central Bank of Iran, Trend reports via IRNA.
The liquidity increased by 10.7 percent since the beginning of the year, the bank said. The share of money in the liquidity amounted to 2.42 trillion rials (about $57.6 billion), and the share of quasi-money amounted to 14.51 trillion rials (about $345 billion). Thus, the share of money increased by 47.7 percent and the share of quasi-money grew 17.2 percent.
According to statistics, the foreign assets of the banking system amounted to about $197 billion at the end of October and increased by 32.2 percent compared to the same period last year.
The public sector debt to the banking system increased by 20.9 percent compared to the same period last year and reached 29.7 trillion rials (about $707 billion), and the debt of the non-state sector increased by 18 percent to $11.7 trillion rials (about $280 billion).
Also in this period, the value of the foreign assets of the Central Bank of Iran reached 4.51 trillion rials (about $107 billion), and this is a 26 percent increase compared to the same period last year.
The Central Bank’s foreign currency debts stood at 2.22 trillion rials (about $52 billion) in October this year, and this is a 29.2 percent increase compared to the same period last year.