TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), lost 7,748 points to 2,088,301 on Tuesday, which is the fourth day of the Iranian calendar week.

TSE is one of the four Iranian stock exchanges, and the most important one. The other three ones are Iran Mercantile Exchange (IME), Iran Energy Exchange (IRENEX), and Iran’s over-the-counter (OTC) market, known as Iran Fara Bourse (IFB).

The Central Bank of Iran (CBI) has approved a directive allowing the banks of the country to provide up to 100 trillion rials (about $200 million) of funding to support the stock market.

The mentioned directive was approved on August 20, in a meeting of the CBI Supreme Council chaired by the CBI Governor Mohammadreza Farzin.

As reported, The CBI governor has urged the Securities and Exchange Organization (SEO) to consider the concerns of the shareholders when injecting these resources into the capital market and to plan in such a way that the funding has an effective role in the capital market.

Farzin has also announced the CBI’s new measures for supporting the capital market.

MA