...

Iran expects return of liquidity to capital market - expert

Finance Materials 23 August 2021 10:50 (UTC +04:00)

TEHRAN, Iran, Aug.23

Trend:

A capital market expert indicates the Iranian government seeks to create trust in people to invest in the stock exchange that could improve the trade-in capital market and lead to the return of liquidity in the market.

The comment of the Iranian President during his inauguration about stability in stock market transactions is an important issue for the new government, Davood Razaghi has noted, Trend reports citing IRNA.

"The new government's attention is to improve and compensate the capital market transaction and trust of investors in the capital market can attract liquidity and develop the capacity of industries in this field and divert capital from unproductive markets such as cryptocurrency, gold, and foreign currency," he added.

Creating a balance between monetary and capital market, diversity of exchange-traded funds (ETF) and development of the capital market, increase of transparency in transactions, risk hedging tools, updating regulations, accelerating issue of permits for financial institutions are factors that could create stability in market's trading.

There are different approaches formed between Iranian officials toward the capital market and created the ground for people's trust in the capital market.

Latest

Latest