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In 2016, broad money growth for Iran was 28 %. Though Iran broad money growth fluctuated substantially in recent years, it tended to increase through 1964 - 2016 period ending at 28 % in 2016.The description is composed by our digital data assistant.
Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.