A sudden jump in interest rates in Iran; The interbank interest rate reached 33.92% The latest interest rate table in the financial market indicates a record low increase in interest rates in Iran's banking network. According to the data published for November 5, 2026, the interest rate of the interbank market, which stabilized in recent weeks at a level of 24 percent, reached 33.92 percent with a jump of 9.92 percentage points. At the same time, the ceiling and floor rates of the monetary policy corridor also increased; A change, if finally approved, indicates a significant turn in the framework of the central bank's monetary policy. According to the compensation report, the normal credit rate of the banks increased from 24% to 34%. This rate, which is the ceiling of the monetary policy corridor, determines the cost of short-term borrowing by banks from the central bank. Also, the normal deposit rate, i.e. the floor of the corridor, increased from 17% to 26%. The minimum repurchase agreement rate also increased from 23% to 32%. In this way, the interest corridor, which was previously in the range of 17 to 24 percent, has now been moved to the range of 26 to 34 percent based on the new table. The simultaneous increase of the four main rates in the money market shows that the recent changes are not caused only by the fluctuations in the rates of interbank transactions, but are accompanied by the change in the rates set as part of the monetary policy actions. In recent months, the interbank market rate was mainly at a ceiling of 24% of the corridor; A situation that indicated the high cost of guaranteeing the banks' short-term reserves. Now, by increasing the ceiling of the corridor to 34% and registering a rate of 33.92% in the market, the cost of short-term financing of the banking network has been moved to a much higher level. An interest rate increase could increase the cost of depositing balances with banks and affect the economy's credit conditions through the interbank market, open market operations and pricing of financial resources. However, the severity of the transfer of these changes to the interest rate of frameworks, bank deposits and the yield of debt securities depends on the existing regulations, the liquidity situation of the banks and the decisions of the next policy maker. This development is taking place in a situation where Iran's economy is facing high inflation and pressure on the purchasing power of households.

A sudden jump in interest rates in Iran; The interbank interest rate reached 33.92% The latest interest rate table in the financial market indicates a record low increase in interest rates in Iran's banking network. According to the data published for November 5, 2026, the interest rate of the interbank market, which stabilized in recent weeks at a level of 24 percent, reached 33.92 percent with a jump of 9.92 percentage points. At the same time, the ceiling and floor rates of the monetary policy corridor also increased; A change, if finally approved, indicates a significant turn in the framework of the central bank's monetary policy. According to the compensation report, the normal credit rate of the banks increased from 24% to 34%. This rate, which is the ceiling of the monetary policy corridor, determines the cost of short-term borrowing by banks from the central bank. Also, the normal deposit rate, i.e. the floor of the corridor, increased from 17% to 26%. The minimum repurchase agreement rate also increased from 23% to 32%. In this way, the interest corridor, which was previously in the range of 17 to 24 percent, has now been moved to the range of 26 to 34 percent based on the new table. The simultaneous increase of the four main rates in the money market shows that the recent changes are not caused only by the fluctuations in the rates of interbank transactions, but are accompanied by the change in the rates set as part of the monetary policy actions. In recent months, the interbank market rate was mainly at a ceiling of 24% of the corridor; A situation that indicated the high cost of guaranteeing the banks' short-term reserves. Now, by increasing the ceiling of the corridor to 34% and registering a rate of 33.92% in the market, the cost of short-term financing of the banking network has been moved to a much higher level. An interest rate increase could increase the cost of depositing balances with banks and affect the economy's credit conditions through the interbank market, open market operations and pricing of financial resources. However, the severity of the transfer of these changes to the interest rate of frameworks, bank deposits and the yield of debt securities depends on the existing regulations, the liquidity situation of the banks and the decisions of the next policy maker. This development is taking place in a situation where Iran's economy is facing high inflation and pressure on the purchasing power of households.