Interbank interest rate of 34%; A step forward but not enough to curb inflation after a long time, the interest rate of the interbank market reached 34% from a range of 24%. This change could be a sign of the end of the mandatory pricing of one of the most important tariffs in Iran's economy. In the years when inflation rose rapidly and remained at high levels, the stability of the interbank interest rate resulted in a more negative real interest rate. The interbank interest rate that remained close to the ceiling set in previous years was also a sign of this situation. In such a situation, raising loans from this market had little cost, and this problem stimulated the increase in the banks' demand for resources, an increase in liquidity and inefficient credit allocation. Therefore, the interest rate increase is not just a numerical change and can help restore the efficiency of the interbank market. However, as Foya Jebel Amili, an economist, explained in an interview with "Economy of the World", reaching a rate of 34% alone is not enough to curb inflation. The policy maker must adjust the interest rate according to inflation developments and at the same time by reducing inflationary expectations and strengthening public confidence, prevent the continuation of the cycle of liquidity growth and inflation. the channel.

Interbank interest rate of 34%; A step forward but not enough to curb inflation after a long time, the interest rate of the interbank market reached 34% from a range of 24%. This change could be a sign of the end of the mandatory pricing of one of the most important tariffs in Iran's economy. In the years when inflation rose rapidly and remained at high levels, the stability of the interbank interest rate resulted in a more negative real interest rate. The interbank interest rate that remained close to the ceiling set in previous years was also a sign of this situation. In such a situation, raising loans from this market had little cost, and this problem stimulated the increase in the banks' demand for resources, an increase in liquidity and inefficient credit allocation. Therefore, the interest rate increase is not just a numerical change and can help restore the efficiency of the interbank market. However, as Foya Jebel Amili, an economist, explained in an interview with "Economy of the World", reaching a rate of 34% alone is not enough to curb inflation. The policy maker must adjust the interest rate according to inflation developments and at the same time by reducing inflationary expectations and strengthening public confidence, prevent the continuation of the cycle of liquidity growth and inflation. the channel.