Iran interbank rates

EghtesadOnline: The latest measures undertaken by the Central Bank of Iran have had a positive impact on interbank rates, bringing them down from the previous rates of over 20%, said the head of the Iran Chamber of Cooperatives and a member of Money and Credit Council–a decision-making body.

EghtesadOnline: The Central Bank of Iran has denied recent reports that put the interbank lending rate at 26%, stressing that its average is considerably lower.

EghtesadOnline: Lack of proper supervision on interbank market operations has caused a considerable surge in interest rates, said the head of Majlis Economic Commission.