EghtesadOnline: The Central Bank of Iran’s policy to cap bank interest rates at 15% effectively changed the composition of deposit contracts signed with financial institutions.

EghtesadOnline: Iranian police clamped down on foreign-exchange offices while the central bank introduced new measures to encourage bank deposits, as a depreciation of the rial threatens to push up prices at a time of growing discontent.

EghtesadOnline: A report by Iran Chamber of Commerce, Industries, Mines and Agriculture said that during the first quarter of the current fiscal year that began on March 21, the money market registered the strongest performance in terms of returns on investment.

EghtesadOnline: The total volume of term deposits in the Iranian banking system reached 9,605.5 trillion rials ($251.78 billion) by the end of the third quarter of the Iranian fiscal year (December 20), marking an annual growth of 27.1%.