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FinancialNews


  • 22-02-21

    Iranian stock market moves to stability

    (MENAFN)IRNA quoted market analyst Amir-Ali Amir-Baqeri as saying that Iranian stock market is stepping forward the right direction and will be stable soon.

    Amir-Baqeri further stated that “Market authorities are currently using asymmetric fluctuations to improve the market situation, but we must move in a direction where there is no volatility in the market.”

    As the market distancing from ordained pricing, and government-set policies, toward a free market in which the pricing is set via supply and demand, as the realistic and spirited the economy will become in the average and long term, he added.

    Political factors including the US sanctions and their affect on the domestic markets which managed to the improvement of inflation in the country set people to bring their assets into the stock market, and that caused an important surge in the stated market.

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