Iran’s Currency Reserves Hit $68 bln

Central Bank of the Islamic Republic of Iran said in its latest report that the country’s foreign currency reserves on September 12 amounted to USD68 bln, showing 19.8% of growth compared with the last year. Iran’s foreign currency reserves on September 12, 2006 amounted to approximately USD57 bln.

The figure also shows a 9% increase in the country’s foreign currency reserves during the first half of the Iranian year (staring March 20).