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20-06-21
Iran: Increasing rate of inflation leads to improvement of capital market
(MENAFN)A number of factors affecting Iranian economy established a new status in the country’s capital market, in a way that this market witnessed such a growth in the last Iranian year that was never seen in its history of over 50 years.
The drop in oil prices and the reimposition of the US unilateral sanctions on Iran’s economy managed the Iranian government to turn to the capital market for funding.
The government attempted to avoid liquidity from going to the markets such as gold and foreign currency, and on the other hand, considering the recent events in the Iranian economy, it also looks at this market with a view of financing that came into the prosperity of this market.
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