The Central Bank of Iran (CBI) governor says the bank is planning to issue deposit bonds, a new type of security approved by the lenders Shariah advisory arm, as it seeks to contain inflation by reducing the amount of money supply in the country. Akbar Komeijani said on Tuesday that the CBI has been making preparations to issue the deposit bonds,...

Radio Farda - Irans Statistical Center (ISC) has reported the inflation rate to have reached 40 percent in the 12 months ending December 22. In the last 30-day period inflation reached 41.1 percent. The Iranian government and the Central bank have stopped reporting vital economic statistics since March, after currency devaluation, inflation and ...