Central Bank of Iran foreign assets rise about 18% yoy

Total CBI assets reached 9,239.9 trillion rials ($37.7b) in the first nine months of current fiscal year, registering 20.2% growth year-on-year and up 15.6% when compared to the end of the previous fiscal in March 2020.

3 February 2021
ID : 22748
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Total CBI assets reached 9,239.9 trillion rials ($37.7b) in the first nine months of current fiscal year, registering 20.2% growth year-on-year and up 15.6% when compared to the end of the previous fiscal in March 2020.

According to CBI data, foreign assets accounted for about 5,824.6 trillion rials ($23.77b) of total assets by December 20. The figure was 17.8% higher compared to the same month the previous year and had an 8.6% growth rate compared to the last month of the previous fiscal. 

Total debt of the government and its affiliated companies to the CBI exceeds 1,477.9 trillion rials ($6.03b), which shows 32.7% growth YOY and 27.6% growth compared to the end of the last fiscal. 

The CBI said assets in banknotes and coins by December 20 stood at 8.8 trillion rials ($35.9 million), down 61.2% YOY and 45.3% compared to the end of the previous year. 

Debts of banks to CBI accounted for 1,268.4 trillion rials ($5.17b) of CBI assets in the nine months to December 20, which shows 13.9% surge compared to the same month of the previous year and 14.6% rise compared to the end of last fiscal.    

Banks and credit institutions had 3,358 trillion rials ($13.7b) in deposits with the CBI by the end of ninth Iranian month up 33.6% annually and 18.8% compared to the last fiscal yearend. 

 

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