Stock Market – Funding Funds Given Leeway in Stock Market
The Central Bank of Iran has agreed to extend the funding ceiling for bank-affiliated funding firms within the share market, a transfer seen as one other push to raise the sagging stock market.
CBI governor Abdolnaser Hemmati stated this in a be aware on his social media account on Tuesday following a gathering with members of the Excessive Council of Securities and Trade, the highest decision-making physique of the bourse.
As per the council’s determination, the ceiling for funding firms within the stock market has been raised by 300 trillion rials ($1.5 billion) to achieve 500 trillion rials ($1.9b).
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Tag: Stock Market