VOL. XXXIX No. 58 4-November-1996IRAN
Nourbakhsh Says Iranian Inflation Rate On The Decline Iran's annual inflation rate has slowed down to 27% in the six months to 21 September 1995 from 59.6% at the same time last year, according to the Governor of the Central Bank of Iran, Dr. Mohsen Nourbakhsh. The Governor said that an increase in industrial production and a drop in the growth rates of liquidity in the six-month period were behind the fall in the inflation rate. Dr. Nourbakhsh expects...
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