BAKU, Azerbaijan, March 30. The liquidity in Iran increased by 34.1 percent at the end of the 10th month of the last Iranian year (January 20, 2023), compared to the end of the same month in the preceding year (January 20, 2022), Trend reports via the statistics of Central Bank of Iran (CBI).
According to the statistics, the liquidity in Iran exceeded 60.4 quadrillion rials (about $1.44 trillion) at the end of the 10th month.
“The share of money in liquidity was approximately 14.9 quadrillion rials (about $355 billion) at the end of the 10th month, which is an increase of 70.5 percent compared to the same period in the preceding year,” the statistics said.
Meanwhile, the share of near-money in liquidity was about 45.5 quadrillion rials (about $1.08 trillion) at the end of the 10th month. This is an increase of 25.4 percent compared to the same period in the preceding Iranian year.
If liquidity growth is properly controlled, it results in economic growth, increased employment and lower inflation. Failure to control liquidity in the right direction in Iran did not result in economic development, in opposite, it led to an increase in inflation.
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