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Iran reveals highest, lowest capital output ratio at markets

Business Materials 20 February 2017 13:13 (UTC +04:00)

Baku, Azerbaijan, Feb. 20

By Khalid Kazimov – Trend:

Bank deposits in the Islamic Republic have offered the highest capital output ratio over a period of ten months since the beginning of the current Iranian calendar year (20 March 2016).

According to the latest statistics by the Central Bank of Iran (CBI), the capital output ratio of the bank deposits stood at 15 percent over the mentioned period, ranking the first among other investment markets in the country, including equity markets, currency market, gold coins as
well as the housing market.

In the meantime, Tehran Stock Exchange had negative return on capital of 1.04 percent, demonstrating the weakest performance among the other markets in the country.

Observers suggest that the lack of clarity over the currency market and banking sector, combined with other uncertainties such as the direction of global oil prices and political headlines, have weighed on equity markets in the country.

The investors in the housing market saw the capital output ratio somewhere between 5.2-9.9 percent. Coming to the currency market, the figure stood at 10.5 percent with nine percent at gold coins market in the mentioned period.

According to IMF, Iran’s GDP growth for the current fiscal year (ends on March 21) is expected to reach 4.5 percent, however the economic growth will decrease in 2017 to 4.1 percent. The figure is expected to hit 4.3 percent in 2021.

The CBI says that the country’s GDP growth reached 7.4 percent during the first half of the current fiscal year.

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