IBENA- Interest rate in interbank market is naturally determined according to supply and demand and mechanism of market, but Central Bank as a market maker and in framework of anti-inflationary monetary policy, which has been approved by government, present in this market and controls interest rate in this market through a specific framework, and in this regard, yesterday, decisions were made, which were implemented these decisions will control interest rate in interbank market, referring to issue of interbank interest rate as one of concerns of activists of capital market, Dr. Saleh Abadi said.
Governor of Central Bank considered affecting events on capital market as several issues that should be taken into account, and in this regard, he added: concerns of capital market activists are concern of economic team of government and Central Bank, and necessary measures have been taken in this regard. Of course, it should be noted that any policy in field of supporting capital market should be in line with other policies from government, especially policy of inflation control and reform of banking system.
Saleh Abadi further emphasized need for banks and financial institutions to adhere to interest rates approved by Money and Credit Council and added: Stock Exchange Organization mechanism of supports banking system from active companies and financial institutions in capital market, including revising some regulations in field of financial institutions, credit management policies aimed at facilitating and creating incentives for financing of active companies in capital market from banks should be reviewed and proposed to Central Bank, and Central Bank is fully prepared to cooperate with capital market in this field.
