29 Mar 2024
Monday 25 June 2018 - 16:07
Story Code : 310154

CBI, capital market agree to control gold coin bull run

Financial Tribune- As gold coin prices are skyrocketing, the Central Bank of Iran has reached an agreement with the capital market on implementing the latest scheme aimed at controlling the bull run.

Representatives with the monetary regulator signed the agreement during a meeting on Sunday with counterparts at the Iran Mercantile Exchange and Bank Melli Iran Brokerage Company, the CBIs website reported

The main focus of the agreement, signed by Vice Governor Akbar Komijani, deputy for economic affairs, Peyman Qorbani, and Secretary-General Mahmoud Ahmadi on behalf of CBI, is to work out the details of the recently-announced scheme to issue bond certificates for the pre-purchase of gold coins in the capital market.
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