Banking and Insurance in Iran - Rates

Rates

See also: Inflation and monetary policy in Iran and Riba

As of 2010, the interest rate charged between banks (i.e. interbank rate) is set by the government of Iran.

Read more about this topic:  Banking And Insurance In Iran

Famous quotes containing the word rates:

    [The] elderly and timid single gentleman in Paris ... never drove down the Champs Elysees without expecting an accident, and commonly witnessing one; or found himself in the neighborhood of an official without calculating the chances of a bomb. So long as the rates of progress held good, these bombs would double in force and number every ten years.
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