BAKU, Azerbaijan, February 24. Iran's liquidity has risen by over 28 percent at the end of the tenth month of the current Iranian year (January 19, 2025) compared to the same period last year (January 20, 2024).
Data obtained by Trend from the Central Bank of Iran shows that the country's liquidity reached a total of around 97.2 quadrillion rials (about $169 billion), showing a notable increase from 75.7 quadrillion rials (about $132 billion) at the end of the previous year.
The figures show that currency made up a whopping 23.8 quadrillion rials (around $41.4 billion) of the total liquidity, marking a 29.1 percent leap in its share compared to last year's tally of 18.4 quadrillion rials (approximately $32 billion).
Moreover, quasi-money, which represents a significant portion of the liquidity, amounted to 73.4 quadrillion rials (about $128 billion) at the end of the 10th month, marking a 28.2 percent increase from 57.3 quadrillion rials (about $99.7 billion) in the same period last year.
The information indicates that the continued decline in liquidity over the past period since May 22, 2019 shows that the program related to the Central Bank's regulated national currency in the country has been implemented and is moving in the right direction.
To note, governments always seek to channel the growth of liquidity in the right direction. If liquidity growth is channeled in the right direction, it leads to economic growth, increased employment, and reduced inflation. Iran's failure to channel liquidity in the right direction has led to an economic downturn and has led to higher inflation.
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