EghtesadOnline: The chain reaction between the anticipated rise in deposit interest rates and the decline in prices of debt securities is in full swing, as highlighted by the issuance of the latest batch of Islamic Treasury Bills on Iran Fara Bourse.
EghtesadOnline: As the Central Bank of Iran issued a new directive on Aug. 23 setting a deadline for banks to reduce their deposit interest rates to 15%, the Iranian private sector demands strict oversight over the implementation of rate cuts since banks are already trying to find a way out of it.