EghtesadOnline: The number of bounced checks jumped in the month to March 19, marking the end of last fiscal year when the coronavirus spread in Iran hammering businesses in a way unseen in decades.
EghtesadOnline: During the calendar month to October 22, approximately 618,000 checks worth 103 trillion rials ($845 million) bounced, according to a report by the Central Bank of Iran.
EghtesadOnline: Data released by the Central Bank of Iran show that more than 6.5 million checks worth 842 trillion rials ($7.32 billion) were exchanged in the third month of the current fiscal year to June 21.
EghtesadOnline: More than 7.2 million checks worth about 991 trillion rials ($7.65 billion) were drawn in Iran during the second month of the current fiscal year (started May 21), the Central Bank of Iran’s latest report announced.
EghtesadOnline: A total of 9.5 million checks amounting to 866 trillion rials ($10.31 billion) were transacted in Iran during the fourth month of the current fiscal year that ended on July 22.