20 Hrs
Source:
العربي الجديد
Iranian rial and stocks rise after US deal
Iranian markets experienced a significant improvement following the announcement of an initial understanding with the United States, which included the lifting of the maritime blockade. This led to an increase in the value of the Iranian rial against the dollar, reflected in gains on the Tehran Stock Exchange, which recorded rising indices and a record-high demand for purchases. This rebound is attributed to growing inflation expectations, a decline in systemic risks, and the delayed performance of the Iranian stock market compared to other asset markets, encouraging investors to enter the market and increase liquidity.
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