BBX Logo Beta

--

[Governor of the Central Bank of Iran: Prohibition on Excessive Bank Withdrawals to Reduce Inflation Rate] According to Jin10 reports, the Governor of the Central Bank of Iran stated that excessive borrowing by banks from the central bank and the creation of liquidity by banks are factors driving inflation. Currently, the scale of excessive withdrawals by banks has been reduced to zero, and the central bank will no longer allow banks to engage in such operations to curb the rise in inflation. This ban must be strictly enforced.

Loading...