Iranian Central Bank assets hit $160B
Baku, Azerbaijan, Sept. 5
By Fatih Karimov – Trend:
The Iranian Central Bank’s assets stood at 5024.6 trillion rials ($160.69 billion based on official rate of 31,268 rials per each USD) by June 21.
The figure indicates a rise by 7.1 percent as compared to June 21, 2015, the Central Bank of Iran (CBI) said.
The CBI’s foreign assets rose by 3.5 percent to 3398.5 trillion rials during the one-year period to June 21.
Meanwhile, the figure has decreased by 3.4 percent from 3517.5 trillion rials in the end of last fiscal year (March 20).
The CBI report indicates that governmental debts to the Central Bank hiked up by 34.9 percent to 333.5 trillion rials during the period.
The government’s deposits in the Central Bank also decreased by 7.7 percent and stood at 314.6 trillion rials by June 21.
On the other hand, the state-owned companies’ debts to the Central Bank increased by 2.5 percent during the one-year period to June 21 and stood at 256.7 trillion rials.
The Iranian banks’ debts to the CBI reached 895.1 trillion rials by June 21, indicating a rise by 10 percent year-on-year.
The figure indicates a rise by 7 percent as compared to the end of last fiscal year (March 20), which was 836.3 trillion rials.