EghtesadOnline: Money supply has jumped to unprecedented levels as government borrowing from the Central Bank of Iran takes on extraordinary proportions.
EghtesadOnline: The ever-expanding money supply and the rising consumer price inflation are products of the domination of fiscal policies over monetary policies, head of the Central Bank of Iran economic department said.
EghtesadOnline: In a report on the economy in the next March 2021-22 fiscal year, the Majlis Research Center said inflation will largely be the inability of the government performance in realizing its budget projections and the stabilizing monetary variables.
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: Governor of the Central Bank of Iran Abdolnasser Hemmati has announced the bank's decision to alter the liquidity structure by curbing money supply and lowering bank rates.