EghtesadOnline: In a press release outlining reasons behind the monumental growth in liquidity in recent months, the Central Bank of Iran blamed borrowing from the National Development Fund of Iran and the new US sanctions on oil exports.
EghtesadOnline: Unusually large volumes of liquidity is flowing into non-productive sectors and speculative markets, instead of boosting manufactures, an economist says.
EghtesadOnline: During the last round of open market operation by Central Bank of Iran Wednesday, none of the lenders put up their bonds on offer, indicating they are not now in need of liquidity.
EghtesadOnline: Liquidity in Iran crossed 22,623 trillion rials ($165 billion, calculated as per 137,000 rials to a dollar) at the end of the third Iranian quarter (Dec 21), the Central Bank of Iran reported.
EghtesadOnline: Tehran Stock Exchange and Iran Fara Bourse closed trading week in positive territory on Wednesday, riding on the power of fresh liquidity and increasing number of new investors who compete to make gains from the highly lucrative stock market.
EghtesadOnline: The first transactions were reported under the newly unveiled Open Market Operation on Saturday when 10,000 treasury bills were traded between the Central Bank of Iran and a bank in need of liquidity, an Iran Fara Bourse official said.
EghtesadOnline: The Central Bank of Iran officially started open market operations as part of its monetary policy to curb inflation, control interest rates in the interbank market and manage liquidity.
EghtesadOnline: Almost 1,290 trillion rials ($9.9 billion) has been injected into Iran’s stock market since the beginning of current fiscal year (March 2019) up until December 21, said the Securities and Exchange Organization’s deputy chief for stock markets.
EghtesadOnline: Tehran stocks gained ground on Saturday as liquidity continued to flow from small-cap stocks into giant listed companies amid investor optimism toward monthly financial records.
EghtesadOnline: In an analytical report appraising measures taken to curb inflation, the Majlis Research Center says the government has resorted largely to temporary and micro measures to curb inflation and control liquidity but in doing so has failed to address macro variables.