Baku, Azerbaijan, Sept. 10
Trend:
Foreign assets in Iran’s banks registered a 41 percent increase in the first four months of the current fiscal year, started March 20.
According to a report released by Central Bank of Iran (CBI) Sept. 10, total foreign assets of Iranian banking system (including CBI) amounted to 8,409 trillion rials (Each USD made 42,000 rials) by July 22.
The foreign assets of Iran’s banking system accounted to 7.32 trillion rials at the end of last fiscal year (March 20) and 5.82 trillion rials at the beginning of the year (March 2017).
CBI’s foreign assets increased by 34.8 percent to 4.67 trillion rials by July 21.
Meanwhile, the figure accounted to 4.07 trillion rials in the beginning of the current fiscal year (March 2018), the foreign assets of the CBI stood at 3.39 trillion rials by the end of fiscal year to March 2017.
At the same time the country’s foreign debts reached $10.668 billion by July 22, indicating an increase by 17 percent, year-on-year.
Iran’s short-term foreign debts amounted to $3.95 billion, while long-term debts stood at $6.72 billion by July 22, according to CBI.