Daily trading of 2 million rubles in the form of the ruble-riyal currency pair symbol
According to Iran Economist, quoting from the public relations of the central bank, Ali Saleh Abadi, the head of the central bank, said: the set of measures that are being carried out are aimed at disciplining and organizing the imbalances of the banks, which we hope will continue and bring peace in the system. money and finally control macroeconomic variables.
Saleh Abadi stated about the legal deposit rate of banks: According to the resolution of the Money and Credit Council, in the past, the maximum was between 10% and 13%, but now this maximum is from 13% to 15% for banks and financial institutions that the regulations of the Central Bank, especially in They do not observe the balance sheet control of banks, it increased.
He continued: In order to manage inflation for each bank within the framework of its own monetary policies, the central bank has a certain amount of balance sheet control on its agenda, and it is clear how much the balance sheet of each bank should grow according to the macroeconomic goals.
Saleh Abadi clarified: Banks that do not comply with this growth ratio will be subject to additional legal deposits. Accordingly, this new resolution of the Money and Credit Council helps to establish a good monetary discipline in the country’s banking network, and what the central bank communicates to the banks as a balance sheet control, should be taken into consideration, and if they do not comply, this Additional legal deposit will be applied automatically.
* Sectoral discipline and organization of banks’ non-compliance are followed up
The head of the central bank also said about the reduction of the debts of the banks to the central bank: one of the mechanisms that the central bank has is strengthening the interbank market, a market that helps banks to meet their liquidity needs from this market.
He clarified: In fact, banks can trade these bonds in this market and sell them to other institutions and provide financing through them.
Saleh Abadi continued: Also, the organization of banks and the reform of the banking system is one of the serious axes that has started in the central bank, and for each of the banks, there is a specific plan in the framework of the control of the balance sheet that is happening, what measures should be taken to eliminate the imbalance and manage the balance sheet. It should be followed by the central bank’s supervision area.
The head of Central Bank emphasized: the series of measures that are being carried out are aimed at disciplining and organizing the imbalances of banks, which we hope can continue and bring peace in the monetary system and finally control macroeconomic variables.
* Daily transaction of two million rubles
Saleh Abadi also announced the Central Bank’s plan for negotiations with different countries in order to establish monetary understandings and said: The Ruble-Rial symbol was unveiled recently and in the one week that has passed since the trading of this instrument, we have traded an average of two million rubles per day. which will increase in the coming days.
end of Message/