EghtesadOnline: Bounced checks reached an estimated 544,000 in the ninth calendar month ending Dec. 21, down 13.6% compared to the month before.
EghtesadOnline: A fter a sharp decline in check use a month before, check transactions rebounded in the eighth month of the calendar month to Nov.21.
EghtesadOnline: Data released by the Central Bank of Iran shows check transactions declined remarkably in the month ending Oct 22.
EghtesadOnline: The CBI governor says the bank has kept the growth of money supply in check which is a harbinger of decline in inflation rate.
EghtesadOnline: The Central Bank of Iran is striving to find solutions to curb the galloping inflation rates with the help of workable and viable monetary policies.
EghtesadOnline: Large transactions are channeled through checks and Real-Time Gross Settlement System locally known by its Persian acronym Satna, director of the Payment Systems Department of the Central Bank of Iran said.