Financial Tribune - Almost 1,290 trillion rials ($9.9 billion) has been injected into Iran’s stock market since the beginning of current fiscal year (March 2019) up until December 21, said the Securities and Exchange Organization’s deputy chief for stock markets.

This amount was channeled by investors trading in the Tehran Stock Exchange and over-the counter market known as Iran Fara Bourse, Mohsen Khodabakhsh told state TV on Monday.

Khodabakhsh underscored the critical role of the stock market in attracting liquidity, which, according to the other host on the TV show, is a product of the budget deficit and government borrowing from the Central Bank of Iran.