Iran Minister praises Commodity Exchange for transparency
Tehran, Iran, Sep.23
The best channel for transparency of the activities of financial and non-financial companies in the exchange of goods and raw materials is the Commodity Exchange, Iranian Minister of Economic Affairs said.
Farhad Dezhpasand emphasized the necessity of guiding liquidity towards the stock market as one of the main factors for the production boom, as well as the for the growth of the capital market share in financing the enterprises, Trend reports citing IRNA.
Noting the importance of the capital market in the country's economy, he went on to say: "The best sphere for transparency in the activity of financial and non-financial corporations for the exchange of commodities and raw materials is the commodity exchange. It has played a key role in economic transparency over the years.”
Describing the favorable trend in commodity stock markets, Dezhpasand added: “In the field of agricultural commodity supply, the government decides on their entry into the commodity exchange depending on the types of agricultural products to provide transparency in the sector."