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Iran's Money Supply Soars 28.4% to $104.5 Billion

2/24/2025

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Summary

Story summary

The Central Bank of Iran revealed a staggering 28.4% surge in the M3 money supply, soaring to 97,233 trillion rials (over $104.5 billion) by January 19, 2024. Additionally, the monetary base climbed 21.2% year-on-year, reaching 12,409 trillion rials (over $13.3 billion), fueled by a notable increase in net foreign assets.

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Story summary

The Central Bank of Iran revealed a staggering 28.4% surge in the M3 money supply, soaring to 97,233 trillion rials (over $104.5 billion) by January 19, 2024. Additionally, the monetary base climbed 21.2% year-on-year, reaching 12,409 trillion rials (over $13.3 billion), fueled by a notable increase in net foreign assets.