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Code: 52782 Visited: 55 Publish Date: Nov 05 2018 - 2:34
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Capital Market
Capital Market Role in Sanctions Era
Tehran, Nov. 05 (SENA) - President Hassan Rouhani attended the first meeting with the newly appointed Minister of Economy, accompanies by his deputies. In his remarks, Rouhani emphasized that taking this role in the current turbulent situation indeed imposes heavy responsibilities.

Tehran, Nov. 05 (SENA) - President Hassan Rouhani attended the first meeting with the newly appointed Minister of Economy, accompanies by his deputies. In his remarks, Rouhani emphasized that taking this role in the current turbulent situation indeed imposes heavy responsibilities. He mentioned that economic authorities are at the vanguard of pushing the sanctions back.

He went on to talk about the role of the capital market, mentioning that a part of financing needs, currently on the shoulders of the baking system, should be provided by the capital market eventually. In this regard, Rouhani’s administration has mandated the issuance of all types of Islamic securities exclusively in the equity exchanges. “Government has been seriously following up on these securities to prevent any possible delay or default to gain the public trust,” he added. “In the situation ahead of us, where banks might face challenges and impediments, the capital market has a high level of freedom to assist and support Iran’s economy.”

 

 

 
By: Security and Exchange News Agency (SENA)
 
 
 
 
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