EghtesadOnline: Stocks sold off on Tuesday for a second session as investors digested the negative effects of the drop in foreign exchange rates. This comes as some analysts warn that the herd behavior of investors in response to forex fluctuations is not backed by fundamental reasons due to the multiple exchange rate system.
EghtesadOnline: In the wake of the government authorization to the Central Bank of Iran to intervene in the foreign exchange market, the head of Majlis Economic Affairs Commission Mohammad Reza Pour-Ebrahimi said the measures should help curb volatility and restore stability to the market.
EghtesadOnline: Volatility once again reigned in the Iranian stock markets during the last week. Indices went sky-high with a news and nosedived at another.
EghtesadOnline: In a world of overpriced assets there's one thing that keeps going on sale: volatility.