Sixty-eight billion tomans are added to liquidity every hour
Director General of the Office of Economic Affairs and Trade Policies of the Ministry of Industry, Mines and Trade: The amount of liquidity in 1396 and 1397, respectively, is one thousand five hundred and twenty-nine and one thousand eight hundred and eighty two thousand billion tomans, which shows that in 1397 it is equivalent to Three hundred and fifty-three thousand billion tomans have been added to the country's liquidity.
According to the Iran Green Stone International Exhibition, Ahmad Tashkini said: "This means that in 1397, an average of twenty-nine thousand billion tomans per month, nine hundred billion tomans per day and forty billion tomans per hour have been added to the country's liquidity volume."
He added: the amount of liquidity at the end of last year was equal to two thousand four hundred and seventy thousand billion tomans, which shows that the equivalent of five hundred and eighty eight thousand billion tomans has been added to the country's liquidity volume this year. This means that last year, an average of forty-nine thousand billion tomans per month, one thousand and six thousand billion tomans per day and sixty-eight billion tomans per hour were added to the country's liquidity.
The Director General of the Office of Economic Affairs and Trade Policy of the Ministry of Industry, Mines and Trade added: "High growth of liquidity (as a variable of demand side) above production growth (as a variable of supply) plays a key role in price turmoil in markets such as automobiles."
Tashkini pointed out in the end: in 1397 and 1398, there has been a change in the composition of liquidity and an increase in the share of money compared to quasi-money, which indicates a tendency towards speculative and speculative activities.
* ILNA
