51 Million Euro of Iranian Firm's Shares Sold Via SWIFT
Iran says a foreign company has purchased 30 percent of one of its leading detergent producing brands for a total value of around €51 million through SWIFT - what is already seen as a breakthrough move in the country's stock market./ The purchase has been carried out through Iran Fara Bourse (IFB) - also known as Farabourse - which is an over-the-counter market for securities and other financial instruments in Tehran. The IFB says on its website that the foreign company has made the payment through mechanisms provided by the Society for ...
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