Iranian Central Bank foreign assets up by 3.6%
Baku, Azerbaijan, Sept. 17
By Fatih Karimov– Trend:
Iranian Central Bank’s assets stood at 5,379.3 trillion rials ($160.8 billion based on official rate of 33,450 rials per each USD) by July 21.
The figure indicates a rise of 7.1 percent, as compared to July 21, 2016, Central Bank of Iran (CBI) said.
The CBI’s foreign assets increased by 3.6 percent to 3,465.0 trillion rials during the one-year period to July 21.
Meanwhile, the figure has increased by 2.1 percent from 3,394.1 trillion rials in the end of last fiscal year (March 20, 2017).
Total foreign assets of Iranian banking system (including CBI) also accounted to 5,962.2 trillion rials, 5.1 percent more year-on-year, according to the report.
The CBI report indicates that governmental debts (including state-run companies) to the Central Bank decreased by 0.3 percent to 620.8 trillion rials during the period.
The government’s deposits in the Central Bank also decreased by 1.1 percent and stood at 357 trillion rials by July 21.
The Iranian banks’ debts to the CBI have reached 1,078.3 trillion rials by July 21 indicating a rise by 18.7 percent year-on-year.
That figure indicates a rise of 8.2 percent, as compared to the end of last fiscal year (March 20, 2017), which was 996.9 trillion rials.