INDICES

Samba 65 00% 56.65%

Joga2002 635.254 50% 63.63%

Bra52 69 23.145% -63.25%

Joga2002 635.254 50% 63.63%
HangSang20 370 400% -20%

NasDaq4 33 00% 36%

S&P5002 60 50% 10%

HangSang20 370 400% -20%

Dow17 56.23 41.89% -2.635%

High Interest Rates Hurting the Volatile Stock Market

EghtesadOnline: Despite persistent warnings by the Central Bank of Iran, banks continue to offer higher interest rates on deposits -- up to 22% and 24%.

There is plenty of evidence of the toxic impact of such high rates on, among other things, the already battered capital market or whatever is left of its past glory.

Another serious concern about high interest rates is that it adds to the ills of manufactures and in the process undermines the country’s economic climate, a stock market commentator said.

stock market volatile market