After weeks of tepid performance, a wave of good news regarding changes in the government's foreign exchange policy heaved stocks to heights never seen before.
Overall, TSE's all-share index TEDPIX, jumped by 15,151.2 points or 13.92% during the week that ended on August 1 to close at 123,951.3.
Iran Fara Bourse’s benchmark index, IFX, surged by 196 points or 16% to stand at 1,428.5.
August 03, 2018 19:19
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Iran Stocks Experience Highest Weekly Growth
TSE’s all-share index jumped by 15,151.2 points or 13.92% during the week that ended on August 1 to close at 123,951.3, as Iran Fara Bourse’s benchmark surged by 196 points or 16% to stand at 1,428.5
The Money and Credit Council has decided to limit the allocation of 42,000-rial USD to imports of essential goods and medicines, and guide all non-oil export earnings to the newly-founded Secondary Forex Market
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