Tehran Stock Market Hits One-Year High After Sanctions Lifted
The Tehran Stock Exchange has surged to a one-year high since Iran's landmark nuclear deal with world powers went into effect last month. The Tehran TEDPIX index soared to 73,725 on February 2, boosted by an outpouring of foreign investment of $16.6 million in the 10 days since sanctions were lifted, Bloomberg reported. “It hasn’t been very long since implementation, but its impact in this short period of time has been very positive,” Hassan Ghalibaf Asl, the exchange's chief executive, told Bloomberg. “It’s also psychological. It has ...
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