Rouhani: Market Forces Should Determine Share Prices

President Hassan Rouhani said on Sunday that a specific mechanism governs the stock market and underscored the critical need to avoid "unskilled intervention" in its operations. 
Addressing members of the government Economic Coordination Headquarters, Rouhani reiterated that the High Council of Securities and Exchange must be the one and only organization setting capital market policies. 
"The bourse has a mandate to discover the real price of commodities. It is a basic policy of the government to support the pricing of goods based on supply and demand -- that is rules of a competitive market," he was quoted as saying by the government website dolat.ir. 
The president described the stock exchange as a "major pillar in maintaining economic stability", saying that his government’s support for the share market is typically a function of playing by the rules.