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Iranian Central Bank assets increase by 5.6%

Business Materials 11 January 2017 16:33 (UTC +04:00)

Baku, Azerbaijan, Jan. 11

By Fatih Karimov – Trend:

The Iranian Central Bank’s assets stood at 5,155.5 trillion rials ($159.3 billion based on official rate of 32,369 rials per each USD) by Nov. 21, 2016.

The figure indicates a rise by 5.6 percent as compared to Nov. 21, 2015, the Central Bank of Iran (CBI) said Jan. 11.

The CBI’s foreign assets decreased by 1.4 percent to 3,363.3 trillion rials during the one-year period to Nov. 21, 2016.

Meanwhile, the figure has decreased by 4.4 percent from 3,517.5 trillion rials in the end of last fiscal year (March 20, 2016).

The CBI report indicates that governmental debts to the Central Bank increased by 34.2 percent to 354.8 trillion rials during the period.

The government’s deposits in the Central Bank also decreased by 20.3 percent and stood at 315.9 trillion rials by Nov. 21, 2016.

On the other hand, the state-owned companies’ debts to the Central Bank decreased by 2.1 percent during the one-year period to Nov. 21, 2016 and stood at 264.1 trillion rials.

The Iranian banks’ debts to the CBI reached 1,009.4 trillion rials by Nov. 21, 2016, indicating a rise by 21.4 percent year-on-year.

The figure indicates a rise by 20.7 percent as compared to the end of last fiscal year (March 20, 2016), which was 836.3 trillion rials.

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