BAKU, Azerbaijan, November 25. The liquidity in Iran rose by 27.5 percent at the end of the 4th month of the current Iranian year (July 22, 2023), compared to the end of the same month previous year, Trend reports.
As indicated in the data from Iran’s Central Bank, the liquidity in Iran was 66.9 quadrillion rials (about $1.6 trillion) at the end of the 4th month.
The share of money in liquidity was approximately 17 quadrillion rials (about $404 billion) at the end of the 4th month, representing a 43.5-percent increase from the same period last year.
Meanwhile, the share of near-money in liquidity was around 50 quadrillion rials (about $1.2 trillion) at the end of the 4th month, showing an increase of 22.9 percent compared to the same period previous Iranian year.
If liquidity growth is properly controlled, it results in economic growth, increased employment and lower inflation. Failure to control liquidity in the right direction in Iran did not result in economic development, in contrast, it led to an increase in inflation.
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