The supply of Arbaeen currency to pilgrims in banks should speed up
According to Iran Economist, citing the public relations of the central bank, Mohammad Reza Farzin, who spoke to the CEOs of banks and credit institutions in the monthly meeting, referring to the designation of six operating banks: Sepah, Melli, Tejarat, Post Bank, Saderat and In order to supply Arbaeen currency, Parsian emphasized: In the recent circular of the Central Bank, these banks are required to sell their Arbaeen currency in person until 18:00 in the evening on weekdays.
The Governor of the Central Bank stated: The provision of bank exchanges to people and businessmen and the need for banks and credit institutions to monitor them in the advancement of available programs is an important issue that must be on the agenda.
In another part of his speech, referring to the Central Bank’s roadmap to achieve the set goals, Farzin said: control and management of liquidity, management of the foreign exchange market, regulation and strengthening of supervision and strengthening of the governance of the Central Bank in the field of Rial, currency and credit, regulation The financial relations between the government and the banking system and the improvement of expectations and communication policy are the axes of this road map.
The Governor of the Central Bank continued: The growth rate of liquidity has reached 27.5% from 42.8% in October 1400 with a decrease of about 15% at the end of July 1402. Our plan this year is to increase this number to 25%, although the liquidity growth rate was 3.9% in the first quarter of this year.
Farzin also pointed to the country’s economic growth in 1400 and 1401, which was 4.4 percent and 4 percent, respectively, and said: With the implementation of the economic stabilization policy, important steps have been taken to curb inflation, control liquidity growth, and lay the foundation for production growth.
According to this report, in this meeting, after presenting the reports of the central bank’s economic and new technologies assistants, the managing directors of the banks also presented their views on various issues of the banking network.
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