Business And Markets

Stocks, Housing Make More Money in Tehran Market

Profits Low in Currency Trade in Tehran MarketProfits Low in Currency Trade in Tehran Market

Money put into the currency market yielded lower returns during the first nine months (March 20-Jan 20) of the current fiscal year compared to returns on investment in parallel markets. 
According to market data compiled by the Tehran Chamber of Commerce, Industries, Mines and Agriculture, the dollar and euro rates increased 21.8% and 16.9%, respectively, during the period, way lower than profits in stocks and the real estate market. 
The report, published on the TCCIM website, covers data on forex, gold coin and housing market, plus data on consumer price index from Central Bank of Iran figures. 


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