Iranian Central Bank assets increase by 6.4%
Baku, Azerbaijan, Nov. 13
By Fatih Karimov – Trend
The Iranian Central Bank’s assets stood at 5,127 trillion rials ($160.4 billion based on official rate of 31,965 rials per each USD) by Sept. 21.
The figure indicates a rise by 6.4 percent as compared to Sept. 21, 2015, the Central Bank of Iran (CBI) said.
The CBI’s foreign assets rose by 0.5 percent to 3407 trillion rials during the one-year period to Sept. 21.
Meanwhile, the figure has decreased by 3.1 percent from 3517.5 trillion rials in the end of last fiscal year (March 20, 2016).
The CBI report indicates that governmental debts to the Central Bank hiked up by 34.4 percent to 354.6 trillion rials during the period.
The government’s deposits in the Central Bank also decreased by 25.6 percent and stood at 270.8 trillion rials by Sept. 21.
On the other hand, the state-owned companies’ debts to the Central Bank decreased by 12.6 percent during the one-year period to Sept. 21 and stood at 281.4 trillion rials, no change from the preceding month.
The Iranian banks’ debts to the CBI reached 942.2 trillion rials by Aug. Sept. 21, indicating a rise by 16.9 percent year-on-year.
The figure indicates a rise by 12.7 percent as compared to the end of last fiscal year (March 20), which was 836.3 trillion rials.