TEHRAN, Iran, Feb.21
Trend:
Iran's liquidity growth has declined in recent months, said the Governor of the Central Bank of Iran (CBI) Ali Salehabadi, Trend reports citing IRNA.
"The liquidity growth trend, in general, is in decline and reducing from 42.8 percent on September 23 to 39.8 percent on December 22," he noted.
The government has borrowed 550 trillion rials (about $13 billion) from the Central Bank of Iran which is also the cause of increasing monetary base and liquidity.
The Central Bank of Iran is purchasing oil export foreign currency revenues and print rial in return that will be provided to the government, one of the reasons for the increase of monetary base and liquidity is the rise of CBI foreign assets.