Business & Economy | Energy & Oil Art | Film & Music | Events Heritage & History Philanthropy
Sports | Politics For Peace | Society & Culture Literature & Books Health & Medicine
Rights | Women | Diaspora Travel | Environment & Geography Science & Education Middle East & Asia

Home | News | Archive| RSS
twitter | facebook



Payvand Iran News ...
07/04/08 Bookmark and Share
Iran's inflation rate 21%, liquidity $174b, Central Bank says


TEHRAN, July 4 (Mehr News Agency) - Central Bank of the Islamic Republic of Iran put the inflation rate for the fiscal year ended June 20, 2008 at 20.7 percent.

According to a CB report, the country's liquidity amounted to some $174 billion by April 18, 2008.

The deputy governor of Iran's Central Bank attributed 80 percent of the current inflation to the high liquidity. "The inflation rate will reduce to 16 percent if liquidity is curbed," Pashaei-Fam said.

... Payvand News - 07/04/08 ... --


comments powered by Disqus

© Copyright 2008 NetNative
(All Rights Reserved)

Popular Now

Join Payvand's Facebook Page

join Payvand's daily News mailing list
* indicates required

Home | Contact | About | Archive | Web Sites | Bookstore | Persian Calendar | twitter | facebook | RSS Feed