Foreigners Buy Iran Shares at Three Times Pace as Rules Change
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Foreigners bought three times as many shares in Iran’s publicly traded companies in the past six months as they did a year earlier after the authorities changed the rules to attract international investors.
Foreigners invested $250 million in Iranian stocks since March 21, the beginning of the Iranian year, after investing $140 million in all of the preceding 12 months, Hassan Ghalibaf-Asl, the Tehran Stock Exchange’s president said in an interview in Paris after attending the annual meeting of the World Federation of Exchanges.