Q1 Sees 3.9% Growth in Money Supply: CBI

EghtesadOnline: As per the numbers, it has managed to control the increasing trend in the broad money bringing it down to 31.1% by the end of the last year. The figure stood at 39% in March 2022 and 40.6% in March 2021.

News ID: ۷۵۲۶۷۴

09 July 2023

As per the numbers, it has managed to control the increasing trend in the broad money bringing it down to 31.1% by the end of the last year. The figure stood at 39% in March 2022 and 40.6% in March 2021.

The Central Bank of Iran data indicate further expansion of broad money in the first three months of the current fiscal year that started in March.

“Broad money grew by 3.9% in the first quarter of the year…This was considerably lower than the projected target,” the CBI said in a press release without providing details about its forecasts.