92% of the checks were received in December

According to the monetary and financial news from the Central Bank’s public relations, in December 1402, more than 7,900,000 checks were exchanged with a value of 5,253,000 billion Rials, which is a 0.1% decrease compared to the previous month. In terms of amount, it shows a 1% increase.

In the reported month, more than 49% of the number of checks were exchanged in the three provinces of Tehran, Isfahan and Razavi Khorasan, which have the largest share compared to other provinces. Also, the highest ratio of collected checks to exchange was in Gilan and Khuzestan provinces.

The percentage of the number of checks collected in the previous month (November 1402) was also equal to 92.1% and this ratio in terms of amount was 88.4%.

It should be noted that according to the program announced by the Central Bank, the acceptance and exchange of old fishing checks (the category of checks issued before 1400) can only be done at the issuing bank from October 15 of this year.