Iran's interbank rate eases to 23.83% in the week to July 8

According to Central Bank of Iran data, the average interbank interest rate eased to 23.83% in the week ending Wednesday, July 8, 2026 (17 Tir 1405), down slightly from 23.86% the previous week. According to Taadol newspaper, the marginal decline came even as the central bank kept its open-market acceptance rate below 20% for a second straight week and held accepted bids under 700 trillion tomans. Analysts read the trend as a continuation of the central bank's tight monetary policy to control liquidity, rather than a sign that bank funding shortages have eased.