Iran’s Capital Market Threatened by High Interest Rates!
By Mahdi Goodarzi & Mojde Rezaee
The Situation now
Taking a look at the Sixth Development Plan, one finds out effective measures for supporting and expanding Iran’s Capital Market, which is now suffering from high interest rates. Considering the agreements reached between banks on lowering this rate to 16%, the current rates revolve around 24%, which is not only a threat to the Iran’s Capital Market but also endangers industries, depriving local companies of competitiveness in international markets.