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  • 30-11-20

    Assets of NDF in Capital Market Stabilization Fund

    (MENAFN)The board chairman of the Capital Market Stabilization Fund reported to IRNA on Sunday that, the stabilization of the country"s stock exchange market will be paid 10 trillion rials (USD238.09million) by the National Development Fund of Iran (NDF).

    The National Development Fund has transferred 10 trillion rialsto the Capital Market Stabilization Fund on Thursday, 26 of this month,stated Mohammad-Ebrahim Agha-Babaei.

    To steady the stock market, and return growth back to this market, One percent of the National Development Fund"s reserves were expected to be transferred to the Capital Market Stabilization Fund, as declared before.

    MENAFN30112020000045011369ID1101207627

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