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Iran pegs interest rate at 12% - AME Info

Story date: 2008-07-26 09:41:00
Added on: 2008-07-27 03:13:54


Iran's Central Bank has announced to state and private banks that lending rates wound remain at 12% until the end of the Iranian year in March, Reuters has reported. This is despite the annual inflation now running at around 26% . The International ...


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