The managing director of Securities and Exchange Organization says provisions of the fiscal price range (March 2021-22) must be enforced with further warning as a result of it might have combined results on the inventory market.
Reckoning the deserves and flaws of the price range, Ali Dehqan-Dehnavi pointed to the permission given to banks and funding funds to spice up funding in the share market as a constructive that may doubtlessly elevate the struggling market.
Investment funds affiliated to banks are given extra operative leeway in the bourse. The regulator earlier elevated their funding ceiling in the share market by 500 trillion rials ($2 billion) up from the earlier 300 trillion rials.